The Third Party That Accepts the Risks Transferred by Insureds

question 14

Short Answer

The third party that accepts the risks transferred by insureds is known as the _____.

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Definitions:

Synapses

Tiny spaces between neurons; the gaps between neurons are referred to as synaptic gaps.

Neurons

Basic working units of the nervous system, cells specialized in carrying messages through an electrochemical process.

Endorphins

Natural, pain-relieving chemicals in the brain that are associated with feelings of euphoria and well-being.

Shock

A medical emergency involving a sudden and severe drop in blood pressure, leading to insufficient blood flow to the organs.