Property and casualty insurance 2022 2023
University Of California - Riverside
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Property and Casualty insurance exam Solution guide_2022.
- Summary • 4 pages • 2022
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Property and Casualty insurance exam Solution guide_2022.
Insurance - The transfer of risk through a legal contract
Property - Covers real property and personal property against damage or loss resulting from covered causes of loss called perils
casualty - covers non-property losses (3rd Party)
Personal lines - Insurance for families and individuals
Commercial Lines - Insurance for Business
Risk - Uncertainty of financial loss
Pure Risk - Chance of loss only (insurance only cov...
Summary
Property and Casualty insurance exam Solution guide_2022.
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Property and Casualty insurance exam Solution guide_2022. Insurance - The transfer of risk through a legal contract Property - Covers real property and personal property against damage or loss resulting from covered causes of loss called perils casualty - covers non-property losses (3rd Party) Personal lines - Insurance for families and individuals Commercial Lines - Insurance for Business Risk - Uncertainty of financial loss Pure Risk - Chance of loss only (insurance only cov...
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