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Which of the following is not within the power of the Consumer Product Safety Commission?
Premiums Payable
Liabilities on an insurance company's balance sheet, representing amounts due to policyholders.
Coinsurance Clause
a provision in insurance policies that requires the policyholder to bear a portion of the costs of covered services, typically a percentage of the total amount.
Premium Rate
The rate charged for an insurance policy, typically a periodic payment based on the level of coverage and risk factors.
Coinsurance Clause
A provision in an insurance policy that requires the insured to bear a portion of the costs of a claim, typically after the deductible has been met.
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