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all insurance is based on a principle called

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all insurance is based on a principle called

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The correct answer is: All insurance is based upon a principle called division of risk. This means simply that, if a loss to an individual or to several individuals is shared by a large number of individuals, the loss will not be an excessive burden on anyone.Dec 10, 2018

The title of my answer is All Insurance is based on a principle called A) investment

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