Exam (elaborations)
Level 1 Insurance Fundamentals Exam Questions & Answers 100% Accurate!!
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Insurance - ANSWER-assurance given to the insured by the insurer to lessen the financial damage suffered during an insured occurrence Peril - ANSWER-the cause of a financial loss (ie. fire, water, earthquake) Risk - ANSWER-the chance of financial loss Purpose of insurance - ANSWER-to allow...
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