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minimizing the risk is a principle that requires an insurance company to ensure all pilots who apply for coverage

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Final answer:

Underwriting is a principle that requires an insurance company to ensure all pilots who apply for coverage.

Step-by-step explanation:

Minimizing the risk is a principle that requires an insurance company to ensure all pilots who apply for coverage. This principle is known as underwriting. Underwriting involves evaluating the risk associated with insuring a particular individual or business and determining the terms and conditions of the insurance policy based on that risk assessment.

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User Neamerjell
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