Exam (elaborations)
Fundamentals of Insurance BC exam |Questions with 100% Correct Answers | Verified | Latest Update 2024 Graded A+
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What are the five important functions of insurance? 1) insurance is the shifting of financial responsibility for a loss 2) payment will be made only in the event of an insured risk 3) the amount of payment is restricted to the amount required to indemnify the insured 4) insurance covers losses ...
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