A deductible is used by insurance companies to a. allow customers to pay for insurance
Chapter 0, Problem 5(choose chapter or problem)
A deductible is used by insurance companies to a. allow customers to pay for insurance premiums using payroll deduction. b. deal with moral hazard. c. make public information private. d. compensate policyholders fully for their losses. e. avoid all payments to policyholders.
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