All of the Following Statements About Fraternal Insurers Are True

question 28

Multiple Choice

All of the following statements about fraternal insurers are true EXCEPT

• A)They are a form of mutual insurer.
• B)They specialize in writing property and liability insurance.
• C)They enjoy tax advantages because of their nonprofit or charitable status.
• D)They market their coverage to members of a social organization or religious group.

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Definitions:

Whiplash

A neck injury caused by a rapid back-and-forth movement of the neck, similar to the cracking of a whip, commonly resulting from rear-end car accidents.

Valid Code

In the context of coding systems (e.g., medical, software), a code that follows the defined rules and standards for that system.

Primary Malignant Neoplasm

The initial site of cancer growth, where malignant cells originate before possibly spreading to other parts of the body.

Right Femur

The thigh bone on the right side of the body, the longest and strongest bone, connecting the hip to the knee.