Exam (elaborations)
Fundamentals of Insurance Planning - Final Exam 2023 with 100% correct answers
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- Institution
What are the legal requirements of an insurance contract? - correct answerOffer and Acceptance Legal Competency of both parties Consideration is given Lawful Purpose What are the elements of an insurable risk? - correct answerLarge number of homogenous exposures Losses must be accidental Lo...
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