Which of the Following Statements About the Use of Deductibles

question 6

Multiple Choice

Which of the following statements about the use of deductibles is (are) true?
I.They represent risk retention by insurance purchasers.
II.They tend to increase the cost of adjusting small claims.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Behavior Modification

Techniques or therapies applied to change undesirable behaviors by using the principles of learning theory.

Exposure Therapies

A technique in behavioral therapy aimed at reducing fear and anxiety responses by gradually exposing the patient to the feared object or context without any danger.

Behavior Modification

The use of empirically demonstrated behavior change techniques to improve behaviors and replace undesirable behaviors with more desirable ones.

Anxiety-triggering Situations

Circumstances or contexts that provoke or escalate feelings of anxiety and stress in individuals.