Exam (elaborations)
Fred Loya Insurance Questions Rated 100% Correct!!
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Pure Risk - Answer-No possible gain risk - Answer-The certainty of a future outcome Speculative Risk - Answer-Involves gain or loss Peril - Answer-The cause of a loss Ex; accident, fire wind ,hail,collison Hazard - Answer-increase possibility of a loss Loss - Answer-chance of loss because of ...
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