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    Question

    Event covered under insured’s policy agreement is called?

    A Product Liability Correct Answer Incorrect Answer
    B Pure Risk Correct Answer Incorrect Answer
    C Provisions Correct Answer Incorrect Answer
    D Proximate Clause Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Proximate cause is a key principle of insurance and is concerned with how the loss or damage actually occurred and whether it is indeed as a result of an insured peril.

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