第十四章
________ will receive proceeds from an insurance company to offset the income lost as a result of the insured’s death. ( )
答案:The beneficiary According to , the insured may not collect more than the actual loss in the event of damage caused by an insured peril. ( )
答案:Principle of Indemnity
Under the principle of subrogation one who has indemnified another’s loss is entitled to recovery from . ( )
答案:any liable third parties who are responsible
______is a form of insurance that pays monetary proceeds upon the death of the insuredcovered in the policy.( )
答案:Life insurance
Disability income insurance and medical expense insurance fall into the category of ______. ( )
答案:health insurance
Health insurance covers medical bills incurred because of both sickness and injury. （ ）
答案:错
Endowment policies are generally equivalent to term insurance plus a lump-sum benefit paid on survival.（ ）
答案:对
When a ship is threatened at sea, it is essential to try and keep the ship afloat, which might result in further damage. On this occasion, each owner takes responsibility for a share of the property damaged or lost, known as particular average. （ ）
答案:错
Reinsurance allows an insurance company to offer smaller limits of protection to a policyholder than its own capital would allow. （ ）
答案:错
Under reinsurance the original insurer transfers liability under an insurance contract, either in part or in whole, to some other underwriter or a group of underwriters known as the reinsurer or ceding company.（ ）
答案:错
