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In an insurance contract, the person buying the insurance is called the insured, and the insurance company is called the insurer a. true b. false

In an insurance contract, the person buying the insurance is called the insured, and the insurance company is called the insurer a. true b. false
asked 18.3k views
4 votes
In an insurance contract, the person buying the insurance is called the

insured, and the insurance company is called the insurer

a. true b. false

asked
User Cing
by
8.6k points

2 Answers

5 votes
This is A: true because when you buy the insurance you’re the insured and the person giving the insurance is the insurer
answered
User Soydachi
by
7.6k points
9 votes
True explanation: one you have bought insurance you are insured to a house life plan etc, they company you bought the insurance from is the insurer because they are giving you the insurance
answered
User Ivo Leko
by
7.8k points
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