Exam (elaborations)
C11 Principles and Practice of Insurance - Study 1 Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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Risk : The chance of loss. Specifically, the possible loss or destruction of property or the possible incurring of a liability. Types of Insurable Risk : 1) Personal Risks 2) Property Risks 3) Liability Risks Personal Risks : encompass the chance of loss arising from a person's own bodily ...
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