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the basic purpose of insurance is to provide quizlet

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Start studying Basic Principles of Insurance.

. The basic purpose of insurance is to. Life or health insurance companies formed to provide. The primary purpose of life insurance is to provide.

Insurance is when a third-party promises to idenmify another party for losses they might suffer. The basic purpose of all types of insurance is to protect you and your dependents from the financial consequences of losing assets or income when an accident illness or death. The main kinds of _____ ____ _____ _____ include auto insurance home-owners insurance renters insurance and umbrella insurance.

Proof of Loss Is mandatory health insurance provision. The basic purpose of insurance is to provide protection.


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