Ask a New Question

What term can be used to describe the amount paid by the insured before the insurer begins to pay for a qualified event?(1 point)

Responses

deductible

policy

co-payment

premium

1 answer

deductible

Ask a New Question or answer this question.

Similar Questions

hat term can be used to describe the amount paid by the insured before the insurer begins to pay for a qualified event?(1 point)
1. 1 answer
Does a co-payment (co-pay) increase risk for the insurer or the insured? Explain.(1 point)Responses A co-pay increases risk for
1. 1 answer
Explain itInsurance is a contract between an individual or entity (the insured) and an insurance company (the insurer), in which
1. 1 answer
What is a premium?(1 point) Responses the amount paid by the policyholder to the insurer on a regular basis for the policy the
1. 1 answer

more similar questions