Exam (elaborations)
PROPERTY INSURANCE CONCEPTS (FLA 220)Correct 100%
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- Institution
PERIL - ANSWER cause of loss (ex: fire, windstorm, vandalism) HAZARD - ANSWER introduces or increases the chance of loss from peril PHYSICAL HAZARD - ANSWER a characteritstic of an object that increases the severity of loss by covered peril MORAL - ANSWER intentional loss - conscious menta...
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