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CFP 512 UPDATED Exam Questions and CORRECT Answers

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CFP 512 UPDATED Exam Questions and CORRECT Answers Difference between risk, peril and hazard - Ans A risk represente the possibly of a loss or a negative deviation from a desires outcome. A peril is the cause of that loss, while a hazard increases the potential for loss. Static Risk - Ans Results from factors other than changes in the economy (earthquake, floods, etc). They tend to occur with regularity and can be insured.

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Uploaded on: June 11, 2024
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CFP 512 UPDATED Exam Questions and CORRECT Answers

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