Exam (elaborations)
General Lines Property and Casualty Insurance (Well-enlightened)
- Course
- Institution
Basic Terms and Concepts (BTC): Insurance correct answers The transfer of risk through a legal contract - From insured (customer) - 1st party. -to insurer (insurance company) 2nd party Based upon principle of indemnity - to restore to pre-loss condition, no better, no worse (BTC) Property Insu...
[Show more]