Examlex
Which of the following statements is true about cohort analysis?
Insured
A person or entity covered by an insurance policy, protecting against loss or damage from specific risks or incidents.
Insurance Agent
A professional who sells, solicits, or negotiates insurance policies on behalf of an insurance company or individual.
Loss Occurs
Refers to the moment when a financial loss happens due to an insured event.
Insurable Interest
A requirement that a person seeking to purchase insurance has a sufficient stake in the safety or preservation of the insured item or individual to obtain insurance coverage.
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