ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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In Insurance terms, what does risk identification refer to?
OA) Providing the best possible quote with the lowest premium for your client.
B) Listening to your client carefully and acting upon their instructions to provide the best coverage.
OC) Rushing to win a new business and failing to ask relevant questions
OD) Asking questions from the clients to understand their needs in order to provide the best insurance protection.
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Transcribed Image Text:In Insurance terms, what does risk identification refer to? OA) Providing the best possible quote with the lowest premium for your client. B) Listening to your client carefully and acting upon their instructions to provide the best coverage. OC) Rushing to win a new business and failing to ask relevant questions OD) Asking questions from the clients to understand their needs in order to provide the best insurance protection.
When not connected to a vehicle, an uninsured parked trailer causes a liability loss. Which policy would respond to this
loss?
OA) Home, condominum or tenant policy
B) The automobile policy
OC) Business policy
OD) There is no coverage available
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Transcribed Image Text:When not connected to a vehicle, an uninsured parked trailer causes a liability loss. Which policy would respond to this loss? OA) Home, condominum or tenant policy B) The automobile policy OC) Business policy OD) There is no coverage available
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