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On Completion of the Processing of the Claim, the Insurance

question 7

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On completion of the processing of the claim, the insurance company sends what to the insured person?

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Definitions:

Derivative Security

A financial instrument whose value is based on an underlying asset, index, or other financial instruments.

Call Option

An economic agreement allowing the buyer the choice, yet not mandating, to purchase an asset at an agreed-upon price within a designated duration.

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