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RMIN 5100S EXAMS BUNDLE ~ Questions with 100% Correct Answers/Already Grade A+
RMIN 5100S EXAMS BUNDLE ~ Questions with 100% Correct Answers/Already Grade A+
[Show more]RMIN 5100S EXAMS BUNDLE ~ Questions with 100% Correct Answers/Already Grade A+
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categories of commercial loss exposures (4) - 1. property 
2. personnel 
3. liability 
4. net income 
commercial property loss exposures - type of property 
causes of loss to property 
financial consequences of property losses 
commercial property coverage part 
types of property - real and personal...
Preview 3 out of 26 pages
Add to cartcategories of commercial loss exposures (4) - 1. property 
2. personnel 
3. liability 
4. net income 
commercial property loss exposures - type of property 
causes of loss to property 
financial consequences of property losses 
commercial property coverage part 
types of property - real and personal...
Insured definition - (risk manager) the buyer of insurance 
intermediary definition - can be an agent or broker 
facilitates the purchase of insurance. Advises the insured and negotiates with insurer 
Insurer - underwriter, provides the insurance coverage aka: insurance company 
Risk management proc...
Preview 3 out of 20 pages
Add to cartInsured definition - (risk manager) the buyer of insurance 
intermediary definition - can be an agent or broker 
facilitates the purchase of insurance. Advises the insured and negotiates with insurer 
Insurer - underwriter, provides the insurance coverage aka: insurance company 
Risk management proc...
Liability is the same as... - Casualty 
Risk Manager - Insured- the buyer of insurance; must evaluate risks and determine best 
approach to manage risks 
Agent or Broker - Intermediary- facilitates the purchase of insurance. Advance Insured. 
Negotiates with insurer 
Underwriter - Insurer- provides ...
Preview 3 out of 18 pages
Add to cartLiability is the same as... - Casualty 
Risk Manager - Insured- the buyer of insurance; must evaluate risks and determine best 
approach to manage risks 
Agent or Broker - Intermediary- facilitates the purchase of insurance. Advance Insured. 
Negotiates with insurer 
Underwriter - Insurer- provides ...
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