Exam (elaborations)
Life and Health Insurance Exam Webce Questions with 100% Correct Answers | Verified | Updated 2024
- Course
- Institution
Risk - answer-Chance of loss Loss - answer-Unplanned reduction of economic value Peril - answer-cause of loss Hazard - answer-a condition that increases the chance of peril Risk Transfer - answer-buying insurance to shift the risk to insurance company Underwriting - answer-assessing applicant ...
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