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Which of the following statements is NOT true about an insurance policy?
Wiki User
∙ 7y ago
An insurance policy actually protects the policyholder's financial interests in the insured item, not the insured item itself.
The insurer holds the balance of power in the creation of an insurance policy.
Ambiguities in contracts of adhesion often favor the insured.
The concept of utmost good faith only applies to the insured.
Wiki User
∙ 7y ago
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