Which of the following is used to only allow you to insure an item when you yourself would suffer a loss should the item be damaged?
A) Indemnity
B) Screening of applicants
C) Segregation of applicants
D) Insurable interest
E) None of the above
Correct Answer:
Verified
Q12: In which of the following cases should
Q13: A hazard is best defined as:
A)An increase
Q14: Medicaid is an example of:
A)Liability insurance
B)Government insurance
C)Property
Q15: Why are most exposures pure risks?
A)The loss
Q16: What is business risk?
A)A risk that carries
Q18: The actions of stockholder-owned insurance companies:
A)May conflict
Q19: Which of the following homeowner's policies covers
Q20: The risk of a person behaving negligently
Q21: Coverage of losses to you or your
Q22: Which of the following equations is accurate?
A)Insurance
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