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Sugartown Insurance Company strives to act ethically across all departments of operations. Which one of the following explains how its claims handling benefits society as a whole?

Select one:

A. By ignoring instances of moral hazard

B. By using word of mouth to acquire more customers

C. By indemnifying claimants and reducing their dependence on charitable organizations

D. By waiving premium increases following a loss

Sagot :

GinnyAnsweridn

Final answer:

Sugartown Insurance Company benefits society by indemnifying claimants.


Explanation:

Indemnifying claimants and reducing their dependence on charitable organizations is how Sugartown Insurance Company's claims handling benefits society as a whole. By providing compensation to claimants, the company helps them recover from losses and maintains financial stability, thus contributing to the overall well-being of society.


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