Question: Insurance is generally is subject to several basic principles, including all of the following except that A. the loss must be quantifiable. B. the insured

Insurance is generally is subject to several basic principles, including all of the following except that

A.

the loss must be quantifiable.

B.

the insured is guranteed no financial loss if they have an insurance policy that covers a name peril.

C.

there must be a relationship between the insured and the beneficiary.

D.

the insured must provide full and accurate information to the insurance company.

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