Florida Health & Life (Including Annuities & Variable Contracts) Questions and Correct Answers
Florida Health & Life (Including Annuities & Variable Contracts) Questions and Correct Answers Risk Can be defined as uncertainty regarding financial loss Speculative Risks You can Win or lose/ loss or gain Pure Risks Only change is Loss Peril defined as the immediate specific event causing loss and giving rise to risk. Hazard A factor that give rise to a Peril 1- physical Hazards Deafness and blindness-increase the chance of a peril 2-Moral Hazards Alcohol/drug addiction/intentional..tendencies that people may have that increase risk and the chance of loss
Escuela, estudio y materia
- Institución
- Florida life and health
- Grado
- Florida life and health
Información del documento
- Subido en
- 4 de mayo de 2025
- Número de páginas
- 7
- Escrito en
- 2024/2025
- Tipo
- Examen
- Contiene
- Preguntas y respuestas
Temas
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florida health life including annuities varia
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risk can be defined as uncertainty regarding fina
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speculative risks you can win or lose loss or ga
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