Primerica Insurance Exam: General Insurance Questions with Correct Answers Already Passed
Insurance A contract in which one party agrees to indemnify the insured party against loss, damage or liability from an unknown event. Insurance transfers The reduction, decrease, or disappearance of value of the person or property insured in a policy, caused by a named peril. Risk The uncertainty or chance of a loss occurring. Pure risk Situations that can only result in a loss or no change Speculative risk The opportunity for either loss loss or gain.
Written for
- Institution
- Primerica Insurance
- Course
- Primerica Insurance
Document information
- Uploaded on
- October 20, 2023
- Number of pages
- 8
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
- primerica insurance exam
- already passed
-
general insurance questions with correct answers
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