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medulla medulla
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6 years ago
The Financial Definition of insurance:
A) is that insurance is a contract in which one party agrees to compensate another party for losses covered by the contract
B) is that insurance is a financial agreement that transfers the risk of insured losses to a risk pool by an insurer
C) differs from state to state
D) is that it is any pool for which the insurance mechanism works
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
Authors:
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jameeljameel
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#1
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6 years ago
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medulla Author
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6 years ago
This helped my grade so much Perfect
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Thanks for your help!!
my life
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You make an excellent tutor!
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