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Exam term

Reduction

Handling risk by lowering the chance or size of a loss without removing it, through measures like smoke detectors, sprinklers, alarms or safety training; also called loss control.

Lessons that use this term

  • Risk, exposure, hazard, peril, and loss, and the methods of handling risk New York

Exam prep

  • Insurance
  • Real Estate
  • SAFE MLO
  • SIE

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