Exam (elaborations)
MN LIFE ACCIDENT & HEALTH PRODUCER EXAM | 158 QUESTIONS WITH CORRECT ANSWERS VERIFIED
- Course
- Institution
Speculative Risk - involves the chance of loss or gain, and is not insurable Pure Risk - involves the chance of loss only, and is insurable Peril - Something that causes a direct loss Physical Hazard - Visible (Black ice) Moral Hazard - dishonest tendencies (Fraud) Morale Hazard - Carless, Irr...
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