insurance pricing
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How does the pricing of an insurance policy for the insurer differ from a bologna manufacture's pricing its product? Why does the difference in pricing problems require that insurance pricing be subject to regulation? Why might be lowest-priced insurance policy be undesirable from the consumer's standpoint?
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How does the pricing of an insurance policy for the insurer differ from a bologna manufacture's pricing its product? Why does the difference in pricing problems require that insurance pricing be subject to regulation? Why might be lowest-priced insurance policy be undesirable from the consumer's standpoint?
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The pricing of an insurance policy is based on the person who is being insured and their risk factor. It is also based on the type of coverage that is offered. The pricing of bologna is based on the amount of money that it takes to make the product, which ...
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