Rhode Island insurance exam Complete Questions & Answers(GRADED A)
the role of insurance is to - ANSWER transfer the risk of financial loss from an individual or business to an insurance company organized and incorporated under state law owned by stockholders who get a paid share of the company's profit through dividends. also referred to as a nonparticipating or non-par bc policy holder do not participate in paid dividends - ANSWER stock insurance company organized and incorporated under state law. but they have no stockholders. instead, the policyholders own the company. owners get paid a share of the companies profits through dividends. participating or par companies bc policy owners do not participate in paid dividends - ANSWER mutual insurer companies
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- Rhode Island Adjuster\'s
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- Rhode Island Adjuster\'s
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- 13 juli 2024
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rhode island insurance
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the role of insurance is to answer transfer the
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organized and incorporated under state law owned b