Exam (elaborations)
Fundamentals to Insurance (answered quizzes)
- Course
- Institution
List the 5 functions of insurance: correct answers 1) Spread of risk 2) Basis of credit system 3) Eliminate worry and develop entrepreneurship 4) Loss reduction and prevention (road safety, alarms, etc.) 5) Employment opportunity Definition of insurance (3 parts) correct answers 1) insurance...
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