Exam (elaborations)
Life Insurance Exam (Texas) Questions With 100% Correct Answers.
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- Institution
Insurance (General concept) - - transfers the risk of loss from an individual to an insurer - based on the principle of indemnity - based on the principle of risk (risk pooling) insurable interest (General Concept) - - must exist at the time of the application - insuring one's own life, famil...
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