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NC Health Insurance Exam Pearson Vue Latest Graded A+ |100% Complete
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NC Health Insurance Exam Pearson Vue Latest Graded A+ Pure Risk chance of loss or no loss but not gain insurable Speculative Risk there is possibility of loss but of gain no insurablility exposure unit subject to loss peril cause of loss life insurance death Health insurance accident and sickness hazard increases the likelihood or severity of loss Three types of hazard physical, moral, morale physical hazard arise from the inherent characteristic of the exposure unit Moral Hazard lifestyle of the insured person Morale hazard arise more from an outlook on life risk avoidance eliminating all risk altogether risk retention manage risk Deduction self-insurance
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Institution
NC Life Insurance
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NC Life insurance
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