Multiply as Indicated. -7(-1)(6)(-2)

question 157

Multiple Choice

Multiply as indicated.
-7(-1) (6) (-2)

• A) 19
• B) 3
• C) 84
• D) -84

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Definitions:

Life Insurance Contract

A legal agreement between an insurance company and an individual, where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person.

Insurer's Liability

Represents the maximum amount a insurance company is obligated to pay to the insured under the terms of an insurance policy.

Insured

A person or entity covered by an insurance policy, receiving protection against specified risks in exchange for premium payments.

Proof of Loss

A formal statement made by a policyholder to an insurance company detailing a claimed loss's circumstances and amount.