Exam (elaborations)
MN LIFE ACCIDENT & HEALTH PRODUCER 158 EXAM QUESTIONS AND ANSWERS
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- Institution
Speculative Risk - ️️involves the chance of loss or gain, and is not insurable Pure Risk - ️️involves the chance of loss only, and is insurable Peril - ️️Something that causes a direct loss Physical Hazard - ️️Visible (Black ice) Moral Hazard - ️️dishonest tendencies...
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