Business Studies, asked by nayabsohail786, 7 months ago

How does insurance carrier work?

Answers

Answered by student43417

2

Answer:

Insurance companies assess the risk and charge premiums for various types of insurance coverage. If an insured event occurs and you suffer damages, the insurance company pays you up to the agreed amount of the insurance policy. The way insurance companies work, they can pay this and still make a profit.

Answered by Sнιναηι

4

Answer:

⭐ here's your answer ⭐

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▶️An insurance carrier such as; Travelers, Metlife, State Farm, Safeco, are where the company actual creates and manages the insurance products that they would like to sell. They control the underwriting, claims, pricing, and the overall guidance of the company.◀️

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Explanation:

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hope it helps you

thanks ☺️

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