Exam (elaborations)
Fundamentals of Insurance - Practice Exam Questions With Correct Answers
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- Institution
The major function of insurance is: a. To reduce the cost of the losses b. To share the losses of the few among the many c. The safeguard the interest of mortgages d. To serve as a basis of existing credit system - Answer b. To share the losses of the few among the many A peril if best def...
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