See what we can offer to your school
"SimpleStudy just makes sense...”
Get the best plan for your school
10 cards from this deck
Financial agreement between insurer & insured with premium payments
Regular payments insured makes to insurer
Insuring assets for more than their actual market value
Insuring assets for less than their true market value
Used when property/goods are under-insured
Amount insured ÷ Market value × Damages = Payout
Repairing/replacing damaged items rather than cash payment
Amount insured must pay towards claim before insurer pays
Insurance: may occur events; Assurance: certain events
Protects against events that may/may not happen short-term
Select your subjects, and get access to A+ resources today.