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Which of the Following Is a Type of Service That

question 17

Multiple Choice

Which of the following is a type of service that a bank holding company is not allowed to own?


Definitions:

Deductible

A deductible is the amount a policyholder must pay out-of-pocket before an insurance company will cover the remaining costs of a claim.

Major Surgery

A type of surgical procedure that involves significant bodily alterations, typically requiring anesthesia and a period of hospitalization.

Insurance Premiums

Payments made periodically to an insurance company in exchange for coverage and protection against financial loss.

Deductible

An amount that a policyholder must pay out of pocket before an insurance company will cover any expenses.

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