Exam (elaborations)
ILLINOIS CASUALTY INSURANCE EXAM REVIEW | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+ILLINOIS CASUALTY INSURANCE EXAM REVIEW | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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Premium Correct Answer: money paid by the insured to the insurance company in exchange for the insurance policy Lapse Correct Answer: when a policy is terminated due to non-payment of premiums First Party Claimant Correct Answer: is an insured making a claim under their own policy for damage...
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