Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Any activity that reduces the chance that a loss will occur constitutes [risk shifting | loss prevention].
Correct Answer:
Verified
Q97: An insured usually chooses variable life insurance
Q98: The least expensive form of whole life
Q99: You want to pay premiums for 20
Q100: Decreasing term insurance usually has a decreasing
Q101: Which type of settlement option pays the
Q103: A life insurance policy should contain all
Q104: With most insurers,paying life insurance premiums on
Q105: A _ option allows a terminally ill
Q106: When a primary beneficiary dies before the
Q107: Nonforfeiture rights guarantee that a policyholder will
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents