The purpose of the coordination of benefit clause found in group policies is to: A: promote over insurance B: help the insured profit from loss C: reinforce indemnity D: help the insurance company cancel claims

The purpose of the coordination of benefit clause found in group policies is to: A: promote over insurance B: help the insured profit from loss C: reinforce indemnity D: help the insurance company cancel claims

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter20: The Problem Of Adverse Selection Moral Hazard

Section: Chapter Questions

Problem 4MC

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Question

The purpose of the coordination of benefit clause found in group policies is to:
	A: promote over insurance
	B: help the insured profit from loss
	C: reinforce indemnity
	D: help the insurance company cancel claims

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