Which of the Following Is True of Coinsurance

question 92

Multiple Choice

Which of the following is true of coinsurance?

• A) The policyholders do not have to pay a premium.
• B) Each policyholder has to pay a certain fee while filing a claim.
• C) The responsibility of paying claims is split between the insurer and the policyholder.
• D) All policyholders pay the same premium irrespective of the scheme they choose.

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Benefit

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