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CSS5 CSS5
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6 years ago
Which insurance term is correctly paired with its definition?
A) deductible: the specified amount that a policyholder must pay toward a loss before the insurer will pay anything
B) claim: written contract between insurer and insured that, in return for regular payments, promises to pay for all or part of a loss
C) premium: a notice by the insured to the insurer that payment is expected to cover a loss
D) insurance policy: funds received from premiums and left over after expenses that are used for investment purposes
E) reserves: the fee that the insured pays the insurer to maintain the insurance policy
Textbook 
Business: A Practical Introduction

Business: A Practical Introduction


Edition: 1st
Authors:
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I have no special talent. I am only passionately curious

Albert Einstein
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weshonweshon
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CSS5 Author
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#2
6 years ago
Business exam's tomorrow, thank you for answering so quickly
I have no special talent. I am only passionately curious

Albert Einstein
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