Question: Identify the correct statement about captive insurance company.a . All captives sell coverage to nonaffiliated organizations.b . They are forms of self - insurance.c .

Identify the correct statement about captive insurance company.a.All captives sell coverage to nonaffiliated organizations.b.They are forms of self-insurance.c.Its formation does not require capital contribution.d.Forming a captive insurer is an inexpensive undertaking.e.It is self-controlled and independent of its policyholder-parent.

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