Exam (elaborations)
1 - ExamFX Life and Health - General Insurance / Completing Application, Underwriting and Delivering The Policy Questions With Complete Solutions
- Course
- Institution
What two elements are necessary to a life insurance contract to have a legal purpose? correct answer: 1. Insurable Interest 2. Consent Insurance is a contract that protects the insured from what? correct answer: Loss What Type of Risk is Insurable? correct answer: Pure What is the term...
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