Examen
My Life and Health Insurance Study Guide- ExamFX Graded A+
- Grado
- Institución
An insured pays a $100 premium every month for his insurance coverage, yet the insurer promises to pay $10,000 for a covered loss. What characteristic of an insurance contract does this describe? - Answer-Aleatory: an aleatory contract means unequal amounts are exchanged between payments and ben...
[Mostrar más]