Since insurance companies rely mostly on their premiums to cover claims, they price their insurance policies to reflect the probability of a claim and the size of the claim

Indicate whether the statement is true or false.

Answer: TRUE

Business

You might also like to view...

What are pop-up stores? Provide an example to illustrate your answer

What will be an ideal response?

Business

Employees in low-power distance cultures are less willing to question their superiors than employees in high-power distance cultures. _____ True or _____False? Why?

Indicate whether the statement is true or false

Business