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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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