Examlex
Use the following to answer questions :
-revisionism
Assumes a Risk
A legal doctrine where an individual knowingly exposes themselves to a hazard or danger and is considered to have consented to the risk involved.
Insurer
A company or entity that provides insurance policies to protect individuals or organizations against financial loss or damage.
Premium
A sum paid periodically to the insurer by the insured for covering their risk.
Potential Loss
A hypothetical amount of money that a business or individual could lose in the future due to risks.
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