Exam (elaborations)
C12 - Insurance on Property – Midterm Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
- Course
- Institution
Defining Property Insurance : -Protection against loss/damage to property -First party insurance -Premium exchanged for protection -Fortuitous losses (sudden and accidental) -Insurable interest -Intangible product Real vs Personal Property : R: buildings or land (can't be moved) P: office ...
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