Exam (elaborations)
Primerica - Life Insurance Exam| 120 Questions| Verified!!
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What is insurance? - ANSWERSTransfer of the possibility of loss (risk) to an insurance company. What is a risk? - ANSWERSThe uncertainty of financial loss There are two types of loss - ANSWERSPure and Speculative Which type of loss is insurable? - ANSWERSPure Why is Pure loss insurable?...
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