From the standpoint of the insured, deductibles in insurance contracts are a form of:

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From the standpoint of the insured, deductibles in insurance contracts are a form of:

From the standpoint of the insured, deductibles in insurance contracts are a form of:
A) risk transfer
B) loss control
C) risk retention
D) risk avoidance

Textbook

Introduction to Risk Management and Insurance

Edition: 10^th

Authors: Dorfman, Cather

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