Questions and Answers
𝙒𝙝𝙞𝙘𝙝 𝙤𝙛 𝙩𝙝𝙚 𝙛𝙤𝙡𝙡𝙤𝙬𝙞𝙣𝙜 𝙗𝙚𝙨𝙩 𝙙𝙚𝙨𝙘𝙧𝙞𝙗𝙚𝙨 '𝙘𝙤𝙞𝙣𝙨𝙪𝙧𝙖𝙣𝙘𝙚'?
Insurance split between multiple users, spreading the risk.
𝙒𝙝𝙖𝙩 𝙙𝙤 𝙬𝙚 𝙘𝙖𝙡𝙡 𝙩𝙝𝙚 𝙥𝙚𝙧𝙨𝙤𝙣 𝙬𝙝𝙤 𝙧𝙚𝙘𝙚𝙞𝙫𝙚𝙨 𝙩𝙝𝙚 𝙗𝙚𝙣𝙚𝙛𝙞𝙩𝙨 𝙞𝙣 𝙡𝙞𝙛𝙚 𝙞𝙣𝙨𝙪𝙧𝙖𝙣𝙘𝙚?
The correct answer is Beneficiary.
𝙒𝙝𝙖𝙩 𝙝𝙖𝙥𝙥𝙚𝙣𝙨 𝙬𝙝𝙚𝙣 𝙖 𝙥𝙚𝙧𝙨𝙤𝙣 𝙞𝙣𝙨𝙪𝙧𝙚𝙨 𝙝𝙞𝙨/𝙝𝙚𝙧 𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝙬𝙞𝙩𝙝 𝙢𝙤𝙧𝙚 𝙩𝙝𝙖𝙣 𝙤𝙣𝙚 𝙞𝙣𝙨𝙪𝙧𝙖𝙣𝙘𝙚 𝙘𝙤𝙢𝙥𝙖𝙣𝙮?
The insurers will each contribute a certain percentage as compensation in case of loss arising from the risk insured against.
𝙏𝙝𝙚 𝙥𝙚𝙧𝙞𝙤𝙙𝙞𝙘 𝙖𝙢𝙤𝙪𝙣𝙩 𝙤𝙛 𝙢𝙤𝙣𝙚𝙮 𝙥𝙖𝙞𝙙 𝙗𝙮 𝙩𝙝𝙚 𝙞𝙣𝙨𝙪𝙧𝙚𝙙 𝙩𝙤 𝙩𝙝𝙚 𝙞𝙣𝙨𝙪𝙧𝙚𝙧 𝙞𝙨 𝙘𝙖𝙡𝙡𝙚𝙙?
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𝙒𝙝𝙖𝙩 𝙞𝙨 𝙖𝙣 𝙞𝙣𝙨𝙪𝙧𝙖𝙣𝙘𝙚 𝙥𝙧𝙚𝙢𝙞𝙪𝙢?
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