Examlex
Which of the following is not a type of heuristic?
Co-insurance Clause
A provision in insurance policies that divides the risk of loss between the insurer and the insured, based on a fixed percentage of the value of the insured item.
Insured
A person or entity covered under an insurance policy, receiving financial protection or reimbursement against losses.
Insurance Fraud
The act of deceiving an insurance provider with the aim to receive compensation or benefits unjustly.
Theft
The act of stealing; taking someone else's property without permission or legal right.
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