True/False
Insurance is defined as a contract in which the insured party makes payments to the insurer in exchange for the insurer's promise to make payment or transfer goods to another party in the event of injury or destruction to the insured party's property or life.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q33: What does a co-payment or deductible incentivize
Q34: In which of the following circumstances can
Q35: The beneficiary is another name for the
Q36: Businesses generally carry _, a policy that
Q37: What type of agreement is usually put
Q39: Which one of the following is not
Q40: A policy of title insurance is an
Q41: A person must be subject to economic
Q42: Micha and Genenive just bought a new
Q43: What type of insurance policy covers an