The Basic Principles of Property and Liability Insurance Pertain To

question 184

Multiple Choice

The basic principles of property and liability insurance pertain to:

• A) the types of exposure.
• B) the principles of indemnity.
• C) co-insurance.
• D) all of the above
• E) none of the above

---

Definitions:

Expectancies

refer to beliefs or anticipation about the likelihood that certain behaviors will achieve specific outcomes or that future events will unfold in particular ways.

Values

Core beliefs or principles that guide an individual's behavior and decision-making, reflecting what is important in their life.

Career Paths

The progression or sequence of occupations and roles that an individual undertakes throughout their working life.

Women of Color

A term used to describe female individuals of non-white racial or ethnic backgrounds, often highlighting their unique experiences and challenges.