Pooling is the sharing of total losses among a group of insureds.
Correct Answer:
Verified
Q2: A life insurance contract is not a
Q3: When Ralph replaced his old eight track
Q4: The principle of insurable interest states that
Q5: Insurable interest is required in all types
Q6: In life insurance there must be insurable
Q7: Most life and health insurance contracts contain
Q8: The insurer is entitled to its subrogation
Q9: In most states even if a warranty
Q10: A concealment would be illustrated by a
Q11: Usually, legal mistakes in insurance contracts still
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