Exam (elaborations)
RMI exam 2 Correct Questions and Answers(GRADED A+)
- Course
- Institution
What are the 2 basic forms of an insuring agreement - ANSWER 1. named perils coverage: only perils specifically named in the policy are covered 2. open-perils: all losses are covered except losses specifically excluded Describe the 3 major types of exclusions - ANSWER 1. excluded perils (flood,...
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