Exam (elaborations)
FUNDAMENTALS OF INSURANCE QUESTIONS AND ANSWERS RATED A+ 2023|2024 UPDATE
Rating
Sold
-
Pages
36
Grade
A+
Uploaded on
07-10-2023
Written in
2023/2024
RISK - correct answer IS THE CHANCE OF FINANCIAL LOSS PERIL - correct answer IS THE CAISE OF FINANCIAL LOSS FOR EXAMPLE- FIRE WATER AND EARTHQUAKE WHAT IS THE MAIN PURPOSE OF INSURANCE - correct answer IS TO ALLOW THE SPREAD OF RISK INDEMNITY - correct answer MEANS RESTORING THE INSUREDS TO THE SAM FINANCIAL POSITION AS THEY WERE IN IMMEDIATELY PRIOR TO THE LOSS. WHOSE OPTION IS TO OF HOW THEY WANT TO SETTLE A CLAIM? - correct answer THE INSURER INSURANCE INDEMNIFIES - correct answer FUTURE AND ACCIDENTAL LOSSES ONLY, NOT THE PLANNED LOSSES
Show more
Read less
Institution
FUNDAMENTALS OF INSURANCE
Course
FUNDAMENTALS OF INSURANCE
Whoops! We can’t load your doc right now. Try again or contact support.
Written for
- Institution
- FUNDAMENTALS OF INSURANCE
- Course
- FUNDAMENTALS OF INSURANCE
Document information
- Uploaded on
- October 7, 2023
- Number of pages
- 36
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
-
fundamentals of insurance questions and answers
$13.48
Get access to the full document:
100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached
