Insurance webce

Liberty University

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Insurance webce| 117 questions| with complete solutions
  • Insurance webce| 117 questions| with complete solutions

  • Exam (elaborations) • 7 pages • 2023
  • risk CORRECT ANSWERS: Chance of loss Pure risk CORRECT ANSWERS: If it's pure you can insure Speculative riak CORRECT ANSWERS: Loss or gain peril CORRECT ANSWERS: The cause of loss Life insurance peril CORRECT ANSWERS: Death Health insurance peril CORRECT ANSWERS: Illness, accidental injury, disability hazard CORRECT ANSWERS: Increases chance of peril Risk Transfer CORRECT ANSWERS: shifting risk to another party Underwriting CORRECT ANSWERS: Assessing an applican...
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