Exam (elaborations)
Primerica Life Insurance Exam Questions and Answers (2024 / 2025) (Verified Answers)PDF
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1. Risk: uncertainty of a financial loss; 2 types 2. Two typed of risks: Pure (Insurable) and speculative (uninsurable) 3. Benefits of purchasing insurance?: You get to transfer financial risk left after passing to insurance company 4. Law of large numbers: the larger the size of the group the m...
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