Match the descriptions with their terms:
-A type of insurance policy in which policyholders may be asked to contribute to losses in addition to paying premiums is a/an _________________.
A) American Agency System
B) assessable policy
C) attorney-in-fact
D) direct response
E) direct writer
F) exclusive agent
G) factory mutual
H) farm mutual
I) fraternal carrier
J) general agent
K) general insurance
L) general writing mutual
M) Guaranty funds
N) interinsurance exchange
O) involuntary coverage
P) life and health insurance
Q) Lloyd's Association
R) Lloyd's of London
S) mass merchandising
T) mutual company
U) participating and deviating
V) personal coverages
W) private insurance
X) stock company
Y) surplus line market
Z) Syndicates
Correct Answer:
Verified
Q29: Match the descriptions with their terms:
-An insurer
Q30: Match the descriptions with their terms:
-A/an _
Q31: Match the descriptions with their terms:
-A/An _
Q32: Match the descriptions with their terms:
-A method
Q33: Match the descriptions with their terms:
-A party
Q35: Match the descriptions with their terms:
-A channel
Q36: Match the descriptions with their terms:
-A type
Q37: Match the descriptions with their terms:
-An insurer
Q38: Match the descriptions with their terms:
-An insurer
Q39: Match the descriptions with their terms:
-A mutual
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