FUNDAMENTALS OF INSURANCE BC EXAM 100% QUESTIONS AND ANSWERS
RISK - ANSWERS IS THE CHANCE OF FINANCIAL LOSS PERIL - ANSWERS IS THE CAISE OF FINANCIAL LOSS FOR EXAMPLE- FIRE WATER AND EARTHQUAKE WHAT IS THE MAIN PURPOSE OF INSURANCE - ANSWERS IS TO ALLOW THE SPREAD OF RISK INDEMNITY - ANSWERS MEANS RESTORING THE INSUREDS TO THE SAM FINANCIAL POSITION AS THEY WERE IN IMMEDIATELY PRIOR TO THE LOSS. WHOSE OPTION IS TO OF HOW THEY WANT TO SETTLE A CLAIM? - ANSWERS THE INSURER INSURANCE INDEMNIFIES - ANSWERS FUTURE AND ACCIDENTAL LOSSES ONLY, NOT THE PLANNED LOSSES DIRECT WRITERS - ANSWERS IN THIS METHOD PRODUCERS ARE EMPLOYEES OF THE INSURER. THEY ARE PAID REMUNERIATION BY THE WAY OF SALARY. INSURER OWNS CUSTOMER FILES
Información del documento
- Subido en
- 15 de mayo de 2024
- Número de páginas
- 18
- Escrito en
- 2023/2024
- Tipo
- Examen
- Contiene
- Preguntas y respuestas