Exam (elaborations)
Exam FX (PA Property and Casualty - Ch. 1 General Insurance) questions with correct answers
Rating
Sold
-
Pages
11
Grade
A+
Uploaded on
05-12-2023
Written in
2023/2024
Insurance Transactions include what 4 tactics CORRECT ANSWER Solicitation Negotiation Sale Advising 2 types of Risk CORRECT ANSWER 1. Pure 2. Speculative Pure Risk Definition CORRECT ANSWER A risk that can only can result in loss or no change Speculative Risk Definition CORRECT ANSWER A risk that can result in either loss or gain What is the only type of risk insurance companies are willing to accept? CORRECT ANSWER Pure Risk Exposure Definition CORRECT ANSWER A unit of measurement that insurance companies use to determine rates charged for insurance coverage. homogeneous CORRECT ANSWER A large number of units having the same or similar exposure to loss.
Show more
Read less
Institution
Fx Life Insurance
Course
Fx life insurance
Whoops! We can’t load your doc right now. Try again or contact support.
Written for
- Institution
- Fx life insurance
- Course
- Fx life insurance
Document information
- Uploaded on
- December 5, 2023
- Number of pages
- 11
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
-
exam fx pa property and casualty ch 1 general
$14.99
Get access to the full document:
100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached
Also available in package deal
Package deal
FX Insurance Tests Bundle Set
22
2023
$ 326.78
More info
