Insurance benefits society in all of the following ways EXCEPT:

(a) it reduces fear and worry
(b) it provides indemnification when losses occu
(c) it leads to inflated claims
(d) it provides a source of investment funds

Ans: (c) it leads to inflated claims

Business

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A) showmanship and visual stimulation B) timeliness and talent C) confidence and congeniality D) planning and practice E) personality and skills

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To evaluate a prepayment decision, you need to know your investment rate in addition to the amount of interest saved by prepayment

Indicate whether the statement is true or false.

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