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    Risk Management
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    Exam 10: Structure and Analysis of Insurance Contracts
  5. Question
    Summarize the Difference Between Named-Perils Policy and Open-Perils Policy
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Summarize the Difference Between Named-Perils Policy and Open-Perils Policy

Question 31

Question 31

Essay

Summarize the difference between named-perils policy and open-perils policy.

Correct Answer:

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A named-perils policy covers only losses...

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