question archive There are four main characteristics of insurance; if one of these characteristics is not present, the payment instrument is not really insurance

There are four main characteristics of insurance; if one of these characteristics is not present, the payment instrument is not really insurance

Subject:Health SciencePrice: Bought3

There are four main characteristics of insurance; if one of these characteristics is not present, the payment instrument is not really insurance. Which one of these four characteristics is NOT shared by health insurance? Explain.

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