Exam (elaborations)
RIBO Exam (Ch 1-4)|101 Questions with 100% Correct Answers | Verified
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Insured - ️️A person or entity who purchases an insurance policy. 1st party Insurer - ️️The insurance company who issues an insurance policy. 2nd party Lessor - ️️a person or entity that grants a lease (bank) Lessee - ️️A person who purchases the lease Mortgagee - ️️...
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