Day 1 Quiz Intro To Insurance

4 Questions | Total Attempts: 50

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Insurance Quizzes & Trivia

Day 1 Quiz Intro to Insurance


Questions and Answers
  • 1. 
    __________________ is a concept founded on the ability to predict the approximate number of claims within a certain group.
    • A. 

      Risk Management

    • B. 

      Hazard Identification

    • C. 

      Law of Large Numbers

    • D. 

      Insurable Interest

    • E. 

      Reinsurance

  • 2. 
    ______________ underwrites unusual policies.
  • 3. 
    _________________with respect to a particular state, an insurer that is incorporated, organized or domiciled in another state, district, or territory
    • A. 

      Alien Insurer

    • B. 

      Foreign Insurer

    • C. 

      Enemy Alien

    • D. 

      Domestic Insurer

  • 4. 
    Which of the following are types of Hazards
    • A. 

      The Dukes

    • B. 

      Physical

    • C. 

      Emotional

    • D. 

      Morale

    • E. 

      Morose