BUISENESS MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A request for payment you submit to your insurer following an accident or loss.
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claim
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deductible
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hazard
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insurability
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Explanation:
Detailed explanation-1: -One example is the purchase of an insurance policy, by which a specified risk of loss is passed from the policyholder to the insurer. Other examples include hold-harmless clauses, contractual requirements to provide insurance coverage for another party’s benefit and reinsurance.
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