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medulla medulla
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Posts: 653
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6 years ago
Which one of the following is false concerning the standardization of insurance policies?
A) It reduces the risk for the insurance companies resulting from the principle of adhesion.
B) It holds rates below what they would otherwise be.
C) It reduces adverse selection.
D) It increases flexibility.
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
Authors:
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jameeljameel
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Posts: 458
6 years ago
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medulla Author
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6 years ago
Good timing, thanks!
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Yesterday
Helped a lot
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2 hours ago
Thanks
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