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Your newly hired suburban insurance agent would inform you that unique exclusions are used in insurance...

Your newly hired suburban insurance agent would inform you that unique exclusions are used in insurance policies for each of the following reasons except to:

1. the agency problem

2. eliminate uninsurable perils coverage

3. reduce moral hazard

4. waive policy conditions

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Answer #1

Answer:-Correct Option is (4).

Your newly hired suburban insurance agent would inform you that unique exclusions are used in insurance policies for each of the following reasons except to Waive policy Condition.

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