Course 2-14 Lesson 2 Page 3

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página 3/6 2.2.1. Aleatory Random contingency contracts are unequal potential gains or losses for both parties to the insurance contract. Dollar values exchanged cannot be equal. In random contracts there is an element of chance for both parties. The dollar given by the policyholder (premium) and insurance (benefits) cannot be equal. Example: Monthly payment of […]

Lesson tags: Curso 2-15 Vida y Salud
Back to: Course 2-14 Online Insurance LA (Seguros de Vida y Anualidades)

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