Examlex
Which of the following statements is TRUE?
Insurer
A company that provides financial protection against specific risks to individuals or entities in exchange for premiums.
Automobile Theft
The act of unlawfully taking a motor vehicle without the consent of its owner.
Liable
Being legally responsible for something, typically involving financial compensation for harm or damages.
Insurance Policies
Contracts issued by an insurance company to an individual or entity, offering financial protection against specified risks in exchange for a premium.
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