Exam (elaborations)
Adjuster Pro - Insurance adjuster test 2023 With verified solutions
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- Institution
1. What is insurance?: protection against financial loss 2. what is a premium: a scheduled amount to be paid for an insurance policy. 3. What are premiums used for: premiums are collected into a "pool" or "reserve to pay out claimants when needed. 4. how can insurance companies afford to pay for...
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