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Florida General Lines Agent Exam questions and answers 2023/2024 solved 100% correc

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What is the definition of a risk that is insurable? a.Risk is defined as a chance or the possibility of financial loss; only pure risks are insurable as there is no possibility of a gain b.A chance of a loss or gain c.A risk where there is a possibility of a gain d.A chance for insurance coverage Answer a What is an insurance policy? a.A binder that offers initial insurance coverage b.An oral agreement related to insurance c.A temporary agreement for insurance coverage d.A written agreement or contract for insurance coverage Correct Answer

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Uploaded on
December 15, 2024
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Written in
2024/2025
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R174,17
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