Which one of the following statements is correct?

Insurance

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Which one of the following statements is correct?

Options

A. Contractors must usually provide evidence of liability insurance before a construction contract is granted.
B. Insurers generally do not provide incentives to organizations to implement risk control measures.
C. Insurance policies typically cannot be used to provide evidence of financial resources.
D. One disadvantage of insurance is that it promotes inefficient use of policyholders’ funds.

Answer: A. Contractors must usually provide evidence of liability insurance before a construction contract is granted.

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