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.
2
Q
What is casualty insurance
A
A term used to describe insurance for subjects other than life fire or automobile.
3
Q
What type of insurance covers high risk industrial operation?
A
Special risk insurance
4
Q
A