1.What is the term used to describe terminating the insurance relationship at the end of the policy period?
Cancellation
Non renewal
Seperation
Exclusive
2.Which is the best example of an indirect loss?
Sequential Loss
Liability Loss
Employee Theft
Loss of Use
3.Which is a two party contract?
Property
Casualty
Liability
Auto
4.Insurance contracts offset
speculative risk
pure risk
gambling
created risk
5.Which of the following is a third party contract?
Property
Casualty
Earthquake
Theft
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