Exam (elaborations)
CAIB 1 EXAM 2024 QUESTIONS WITH COMPLETE ANSWERS ALREADY SCORED A+
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- Institution
Accident - an unforeseen and unintended occurrence due to external violent, sudden, fortuitous causes beyond the insured's control Actual cash value - New or replacement cost of the insured property less depreciation Additional living expenses - costs "over and above" what it would normally have...
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