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9. All insurance is based on a principle called A. cash value coverage. B. investment premiums. C. division of risk. D. premium earnings.
All insurance is based on a principle called division of risk.
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Asked 1/5/2014 10:29:10 PM
Updated 5/31/2016 1:26:02 AM
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All insurance is based on a principle called division of risk.
Added 5/31/2016 1:26:02 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [5/31/2016 1:39:46 AM]
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Questions asked by the same visitor
2. Which of the following best describes term life insurance? A. The insured pays a premium for a specified number of years. B. The insured is covered during his or her entire lifetime. C. The insured can borrow or collect the cash value of the policy. D. The insured pays the premium until his or her death.
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Updated 1/15/2014 12:54:02 PM
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A. The insured pays a premium for a specified number of years - best describes term life insurance.
Added 1/15/2014 12:54:02 PM
This answer has been confirmed as correct and helpful.
Confirmed by Kaysha [1/15/2014 1:07:33 PM]
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