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- Briefly explain the difference between an insurance and an assurancepolicy?Describe the Comprehensive General Liability Insurance?describing how the element of "risk" factors into the concept of insurance. cite a specific type of insurance policy and indicate how risk will play into the issuance of the insurance policy.
- Which of the following sections of a commercial general liability policy contains information about limits of insurance and premiums? Declaration Exclusion Condition Insuring agreementDiscuss in a report of , the following points: 1- Concept and types of insurance with a brief explanation of each typDefine bond insurance
- Which of the following sections of a commercial general liability policy contains information about limits of insurance and premiums? Declaration Exclusion ConditionWhat are two types of insurance and their characteristics.The contract between insured and insurer is ______________. a. Coverage b. Premium c. Policy d. Face value
- Define this following terms: Environmental Risks, liability risks, insurable risks, self insuranceWhich of the following is not an insurance management tool? Group of answer choices deductibles. screening of applicants. limits on insurance. restrictive covenants. signalling.Explain the four legal principles associated with insurance contracts in detail, stressing the importance of each.
