What are the essential components or elements that make up an insurance contract?
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A: Insurance is a contract of reimbursement.
Q: m insurance?
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A: The agreement between 2 parties, one called the insurer and the other as insured, where insured pays…
Q: Why people should buy insurance
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A: Insurance company provides a coverage over the risk for which the insured seeks coverage. The…
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Q: Insurance companies are prohibited from practicing risk management. True or False
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A: Below is the solution:-
Q: what business strategy insurance companies uses to heip their businesses?
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Q: Describe why customers should use insurance.
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Q: Why is it important to know the different types of risk when operating or running a business?
A: Below is the solution:-
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Q: what are some external opportunities for insurance compaines?
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Q: Pls help ASAP
A: An insurance contract is a simple legal agreement between a person or business and an insurance…
Q: Distinguish between the various types of risk a business is likely to face.
A: Risk is regularly presented by an occasion, an adjustment of conditions, or outcomes. A typical…
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A: Insurance is the protection of risk that an individual purchases to protect against financial…
Q: What are other ways to view risk?
A: RISK MANAGEMENT: Risk management is the process of identifying, evaluating, and controlling the…
Q: Write a 500 word essay on the importance of risk management policy at insurance companies to manage…
A: Risk management refers to the process of finding, analyzing and controlling the possible threats to…
Q: state and explain in detail 7 appropriate marketing strategies for insurance business.
A: In the dynamic and highly competitive landscape of the insurance industry, effective marketing…
What are the essential components or elements that make up an insurance contract?
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