Life insurance quiz - Study guides, Class notes & Summaries

Chapter 2 – General Insurance 1. An insurance agent’s responsibilities include all of the following except: a. Represent the insurer b. Perform professionally c. Represent the client d. Perform faithfully 2. An individual’s tendency to be dishonest would be indicative of: a. Morale hazard b. Pure hazard c. Physical hazard d. Moral hazard 3. Shops near a college consistently get raided by fans after football games. Their insurers attach riders to their policies stating damage fr...

WebCE Quizzes: General Insurance & Life Insurance

Types of individual life insurance (practice quiz questions)

Buying life or health insurance is an example of which risk management technique? risk avoidance risk reduction risk retention risk transfer correct answersrisk transfer What is the mathematical concept of probability that helps insurers estimate the statistical likelihood of mortality or morbidity losses at any given age? law of large numbers underwriting principle law of probability actuarial principle correct answerslaw of large numbers A person who refuses to engage is risk...

MPOETC CERTIFICATION TEST/151 QUESTIONS AND ANSWERS (A+) 1st Amendment (1791) - √Answer :Freedom of speech, religion and press and the right to petition Quiz :2nd Amendment (1791) - √Answer :Right to bear arms Quiz :3rd Amendment (1791) - √Answer :The government may not house soldiers in private homes without consent of the owner Quiz :4th Amendment (1791) - √Answer :Freedom from unreasonable search and seizures Quiz :5th Amendment (1791) - √Answer :Double jeopardy, ...

1. An insurance agent’s responsibilities include all of the following except: a. Represent the insurer b. Perform professionally c. Represent the client d. Perform faithfully 2. An individual’s tendency to be dishonest would be indicative of: a. Morale hazard b. Pure hazard c. Physical hazard d. Moral hazard 3. Shops near a college consistently get raided by fans after football games. Their insurers attach riders to their policies stating damage from raiding will not be covered. T...

WebCE Quizzes: General Insurance & Life Insurance**

Primerica Life Insurance Quiz Questions and Complete Solutions Graded A+

WebCE Quizzes: General Insurance & Life Insurance questions and answers rated A+. Buying life or health insurance is an example of which risk management technique? risk avoidance risk reduction risk retention risk transfer - correct transfer What is the mathematical concept of probability that helps insurers estimate the statistical likelihood of mortality or morbidity losses at any given age? law of large numbers underwriting principle law of probability actuarial...

WebCE Quizzes: General Insurance & Life Insurance Exam With 100% Correct Answers 2023