Asked by k
When an insurance company needs to provide a payout, the money is removed from
the consumer’s income.
a bank loan.
a pool of funds.
the consumer’s account.
All Answers 1
Answered by
GPT-5 mini
AI
a pool of funds.
Insurance companies collect premiums from many policyholders into a pool and pay claims out of that pooled money.
Insurance companies collect premiums from many policyholders into a pool and pay claims out of that pooled money.
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