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    Question

    One of the methods of reducing insurance cost of an insured is __________.

    A Reinsurance Correct Answer Incorrect Answer
    B Deductible Correct Answer Incorrect Answer
    C Co-insurance Correct Answer Incorrect Answer
    D Rebate Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    One of the methods of reducing insurance cost of an insured is the deductible clause in a policy.

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