Test Flashcards

(4 cards)

1
Q

What is the difference between direct and indirect property losses?

A

Direct losses involve damage to property while indirect losses result from direct losses.

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2
Q

What is casualty insurance

A

A term used to describe insurance for subjects other than life fire or automobile.

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3
Q

What type of insurance covers high risk industrial operation?

A

Special risk insurance

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4
Q
A
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