Identifying in an Insurance Policy the Specific Perils Covered Is

question 18

Multiple Choice

Identifying in an insurance policy the specific perils covered is a __________ approach.

• A) no-risk
• B) named-peril
• C) coinsurance
• D) all-risk

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Definitions:

Self-Enhancement

The motive or tendency to view oneself in a favorable light and to seek positive feedback from others.

Self-Verification

A theory proposing that people seek to confirm their self-concept by preferring feedback and situations that are congruent with their existing beliefs about themselves.

Self-Esteem

An individual's subjective evaluation of their own worthiness and personal value.

Fear of Death

An emotional state characterized by anxiety or dread associated with the awareness of mortality and the inevitable process of dying.