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What is a key difference between the Charity Organization Societies and the Settlement House Movement?
Apportions Losses
The process of dividing or allocating financial losses among different parties, usually according to a predetermined formula or agreement.
Insurance Companies
Businesses that provide coverage, in the form of compensation resulting from loss, damages, injury, treatment or hardship in exchange for premium payments.
Coinsurance Clause
A provision in an insurance policy that requires the policyholder to bear a portion of the risk by paying a percentage of the total claim.
Fair Market Value
The price at which property would exchange hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell.
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