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An Insurance Company's Internal Statistics Show That the Company Is

Question 5

Multiple Choice

An insurance company's internal statistics show that the company is losing a great deal of money processing small, frequent claims submitted by its customers.The company accountant suggests that the best way to decrease this loss is to:


A) delay payment until the claims reach a set figure.
B) educate customers on how much these claims cost.
C) increase the deductible customers must satisfy.
D) refuse to accept claims below a certain amount.

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