Free Life and Health Insurance Practice Test Questions

Question # 25

Which of the following best describes the risk transfer mechanism in insurance?

Options:

Sharing risks equally among insureds

Transferring the financial consequences of loss to the insurer

Eliminating all types of risks permanently

Creating opportunities for financial speculation

Viewing question 25 out of 75 questions

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Life and Health Insurance Overview

Name	Life and Health Insurance
Code	Life and Health Insurance
Vendor	Finance, Insurance and Real Est
Certification	State Licensing Boards

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