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After an accident or loss, a policyholder should submit a _____________ to receive funds from his/her insurance company.
Life
overestimated the value of insurance he/she needs
of assets
against risk of loss
lower premiums
liability
risk management.
claim
If someone is over-insured, this means that the person
Life
overestimated the value of insurance he/she needs
of assets
against risk of loss
lower premiums
liability
risk management.
claim
High Deductible =
Life
overestimated the value of insurance he/she needs
of assets
against risk of loss
lower premiums
liability
risk management.
claim
The responsibility you have toward others who get injured while on your property or in your care is called
Life
overestimated the value of insurance he/she needs
of assets
against risk of loss
lower premiums
liability
risk management.
claim
What type of insurance pays a set sum of money to survivors to help pay expenses and debts associated with the death of a person?
Life
overestimated the value of insurance he/she needs
of assets
against risk of loss
lower premiums
liability
risk management.
claim
Insurance works because lots of people think it is a good idea to insure their assets
Life
overestimated the value of insurance he/she needs
of assets
against risk of loss
lower premiums
liability
risk management.
claim
A strategy for protecting against the chance of loss is also called
Life
overestimated the value of insurance he/she needs
of assets
against risk of loss
lower premiums
liability
risk management.
claim
Some of the benefits to having property insurance include a sense of responsibility, peace of mind, and protection
Life
overestimated the value of insurance he/she needs
of assets
against risk of loss
lower premiums
liability
risk management.
claim
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