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Insurance Companies Make Profit By

Question 41

Multiple Choice

Insurance companies make profit by:


A) charging consultation fees to the insured.
B) avoiding the risk of loss of the insured.
C) charging underwriting fees from insurance agents.
D) paying out less than the sum of the premiums and the earnings on them.
E) giving less than the amount mentioned in the policy to the insured.

Correct Answer:

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