Which of the Following Statements About Claim Settlement Is (Are)true

question 19

Multiple Choice

Which of the following statements about claim settlement is (are) true?
I.The fair payment of claims requires an insurer to adopt a very liberal claims policy.
II.To prevent lawsuits,an insurer should provide no personal assistance to a claimant other than that which is required by contractual obligations.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Cholesterol-Lowering Agent

Medications or substances intended to reduce levels of cholesterol in the blood to prevent cardiovascular diseases.

Coronary Arteries

The blood vessels that supply blood and oxygen to the heart muscle, crucial for its function and health.

Weight Loss Program

A planned course of action, including diet, exercise, and possibly behavioral therapy, designed to help an individual lose weight.

Morbid Obesity

A condition characterized by excessive body fat that presents a high risk of health problems, often defined as a Body Mass Index (BMI) of 40 or higher.