Exam (elaborations)
Level 1 Insurance Fundamentals Exam 2023 with 100% correct answers
- Course
- Institution
Insurance - correct answerassurance given to the insured by the insurer to lessen the financial damage suffered during an insured occurrence Peril - correct answerthe cause of a financial loss (ie. fire, water, earthquake) Risk - correct answerthe chance of financial loss Purpose of insura...
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