There Are Basically Four Types of Insurance Organizations

question 52

Multiple Choice

There are basically four types of insurance organizations.Which of the following is not one of these four types?

• A)Group
• B)Stock companies
• C)Mutual companies
• D)Fraternal benefit societies
• E)Assessment companies

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Definitions:

Terminal Illness

A disease or condition that is incurable and irreversible and that is expected to lead to the death of the patient within a relatively short period of time.

Suing

The act of bringing a lawsuit against an individual or entity, seeking legal remedy for damages or enforcement of a right.

Former Client

An individual who has previously received services or professional assistance from a provider but is no longer doing so.

Notify the Organization

The act of informing a business or institution about important or relevant information, incidents, or changes.