Exam (elaborations)
CEBS GBA 1- Assignment #2-Risk Questions and Answers
- Module
- Institution
Risk - Answer- Uncertainty with respect to possible loss. Refers to inability to determine actual number & value of claims a benefit plan will have to meet. Peril - Answer- The cause of (personal or property) loss, destruction or damage. Such as fires, floods, theft, illness and death. Hazard...
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