What Is the Purpose of a Deductible in the Context

question 6

Multiple Choice

What is the purpose of a deductible in the context of an insurance policy?

• A) Risk of loss is shared between the insurer and insured.
• B) Certain types of losses are excluded from coverage.
• C) The insurer is entitled to deduct defence costs from its payout to the insured.
• D) The amount of the insurance proceeds is reduced if the insured is partly at fault.

---

Definitions:

Intradermal (ID)

Within the skin.

Tuberculin Testing

A diagnostic method used to determine if a person has been exposed to tuberculosis, involving an injection of a small amount of tuberculin under the skin.

German Measles

A contagious viral disease marked by a rash and fever, also known as rubella.

Subcutaneous Injection

A method of administering medication into the fatty tissue just below the skin, allowing for slow, sustained absorption into the bloodstream.