Exam (elaborations)
AIC 31-Chapter 1-Property Insurance Basics Questions and Answers Solved 100% Correct!!
- Course
- Institution
Insurable Interest - Answer-An interest in the subject of an insurance policy that is not unduly remote and that would cause the interested party to suffer financial loss if an insured event occurred. Contract of Indemnity - Answer-A contract in which the insurer agrees, in the event of a covered...
[Show more]