The purpose of deductibles in property insurance policies, Ask an Expert

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The purpose of deductibles in property insurance policies is to reduce the number of small claims that are costly to adjust and provide claims service. The purpose of deductibles and coinsurance in health insurance is quite different. Discuss the purpose of deductibles and coinsurance in health insurance and the need for insureds to share in those types of costs.

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Financial Management, Finance

Category:- Financial Management
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