SAMPLE Insurance Fundamentals Practice Exam Simulator

This sample contains 5 questions on the topic of Insurance Fundamentals.

This sample is for demonstration purposes only.

Click here to go back to store.


"A method of handling pure risk, by spreading it over a large number of similar individuals" is the definition of:

 Answer Choices:Select the Correct Answer
The Law of Large Numbers.
Insurable Interest.

Question 1 of 5

Please Wait... processing