A strategy for protecting against the chance of loss is also called

High Deductible =

An insurance policy is

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?

The responsibility you have toward others who get injured while on your property or in your care is called

After an accident or loss, a policyholder should submit a _____________ to receive funds from his/her insurance company.

If someone is over-insured, this means that the person

Most states legally require drivers to carry

Some of the benefits to having property insurance include a sense of responsibility, peace of mind, and protection

Insurance works because lots of people think it is a good idea to insure their assets

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