Demo INS001FL LHA PassPrep Course: Unit 1 - Basic Principles of Life & Health - Questions 1 - 20: 1. Name the two basic principles of insurance?

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Demo INS001FL LHA PassPrep Course: Unit 1 - Basic Principles of Life & Health - Questions 1 - 20: 1. Name the two basic principles of insurance? | OLT

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Unit 1 - Basic Principles of Life & Health - Questions 1 - 20

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Attempt: 9

This set of questions is designed to present you with only correct information.

1. Consider the question below.
2. Click on the button corresponding to your choice.
3. You are welcome to explore all the answers.

1. Name the two basic principles of insurance. (Ch. 1)

Risk pooling, and the Law of large numbers.

Physical, Moral and Morale

Risk Transferal.

Risk avoidance.

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