Exam (elaborations)
Fundamentals to Insurance exam questions and 100% correct answers
- Course
- Institution
Chapter 1 - Intro - correct answer List the 5 functions of insurance: - correct answer 1) Spread of risk 2) Basis of credit system 3) Eliminate worry and develop entrepreneurship 4) Loss reduction and prevention (road safety, alarms, etc.) 5) Employment opportunity Definition of insuranc...
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