Exam (elaborations)
California Life, Accident, and Health Insurance Exam 2023 latest complete verified solution
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A moral hazard - is a dishonest person (lacking in morals) A morale hazard - a careless person. A peril - is a cause of loss Pure risk - is insurable & includes only a chance of loss. The highest premium - would be found with a substandard risk classification. Agent commissions - are...
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