Examlex
Which of the following is a spoken channel of communication?
Insurance Policy
A contract between an insurer and the insured, outlining the terms under which the insurer agrees to compensate the insured for specific losses.
Risks
The possibility of loss, injury, or other adverse or unwelcome circumstance; a chance or situation involving such a possibility.
Duties of Insurer
The responsibilities an insurance company is bound to fulfill, including issuing policies, collecting premiums, and paying out claims.
Auto Loan
Financing specifically designed to allow individuals to purchase vehicles by borrowing money which is then paid back over time.
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