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3 years ago

What is the term for protection that guarantees payment to you in the event of financial loss?

Mathematics

2 answers:

Stolb23 [73]3 years ago

7 0

Answer:

Insurance

Step-by-step explanation:

A term for protection that guarantees payment to you in the event of financial loss is indeed called Insurance

strojnjashka [21]3 years ago

4 0

Answer:

It is B. insurance

Step-by-step explanation:

A claim is what you "make" in order to get money from a sort of "sue" or a charge you've pressed.

Insurance is the "guarantee" that, *depends from policy to policy* in certain events, if certain situations occur, you'll be covered.

A premium is simply an amount to be paid for a contract of insurance

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