INSTRUCTIONS: Choose the word or phrase in [ ] that 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.
In insurance terms, [ peril | risk ] is defined as uncertainty concerning a potential economic loss.
Correct Answer:
Verified
Q88: INSTRUCTIONS: Choose the word or phrase in
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Q90: INSTRUCTIONS: Choose the word or phrase in
Q91: Alice is 40 years old and earns
Q92: INSTRUCTIONS: Choose the word or phrase in
Q94: INSTRUCTIONS: Choose the word or phrase in
Q95: INSTRUCTIONS: Choose the word or phrase in
Q96: INSTRUCTIONS: Choose the word or phrase in
Q97: The settlement option chosen by most policyholders
Q98: A grace period permits a policyholder to
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