Exam (elaborations)
Primerica - Life Insurance Exam/ Revised Questions and Answers / 2024
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What is insurance? - Transfer of the possibility of loss (risk) to an insurance company. What is a risk? - The uncertainty of financial loss There are two types of loss - Pure and Speculative Which type of loss is insurable? - Pure Why is Pure loss insurable? - Loss must be financial and uncertain. No financial gain can occur. What causes loss? - Peril; such as fire, accident or flood What causes a peril? - A hazard
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Primerica - Life Insurance
Module
Primerica - Life Insurance
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- Primerica - Life Insurance
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- Primerica - Life Insurance
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primerica life insurance exam revised questions
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