RISK Correct Answer: IS THE CHANCE OF FINANCIAL LOSS PERIL Correct Answer: IS THE CAISE OF FINANCIAL LOSS FOR EXAMPLE- FIRE WATER AND EARTHQUAKE WHAT IS THE MAIN PURPOSE OF INSURANCE Correct A ... nswer: IS TO ALLOW THE SPREAD OF RISK INDEMNITY Correct Answer: MEANS RESTORING THE INSUREDS TO THE SAM FINANCIAL POSITION AS THEY WERE IN IMMEDIATELY PRIOR TO THE LOSS. [Show More]
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