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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
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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

User Cing
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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
User Soydachi
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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
User Ivo Leko
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5.2k points
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