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.

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The study and practice involving the management of funeral services, including the care of the deceased, and preparation for burial or cremation.

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