Which of the following is the best definition of the term Assurance?
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Q:
Which of the following is the best definition of the term Assurance?
- 1It is a financial product offered by a company.false
- 2It includes protection against an event that may happen.false
- 3It provides cover against a specific risk.false
- 4It includes protection against an event that is bound to happen.true
- 5None of the abovefalse
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