This class was created by Brainscape user Shaun Moore. Visit their profile to learn more about the creator.

Decks in this class (12)

Chapter 1: Introduction
Risk 1,
Pure risk 2,
Speculative risk 3
17  cards
Chapter 3: Risk Assessment and Pooling
After risk is identified what is ...,
Random variable and used to 2,
Probability distribution 3
20  cards
Chapter 5: Risk Handling Techniques
What is essential in risk handlin...,
Risk diversification 2,
Covariance 3
25  cards
Chapter 6: Fundamentals of Insurance
Insurance financial definition 1,
Premium 2,
Premium equation 3
43  cards
Chapter 7: Insurable Perils and Insuring Organizations
Ideally insurable losses 4 1,
Large loss principle 2,
Catastrophic loss exposure 3
21  cards
Chapter 8: Insurance Functions
Agent 1,
Principle 2,
Agency contract 3
32  cards
Chapter 15: Life Insurance Policy
Life insurance policies help prot...,
Beneficiary 2,
Face amount 3
36  cards
Chapter 11: Insurance Contracts
Deductible 1,
What do deductibles mitigate 3 2,
Straight or flat deductible 3
10  cards
Chapter 14: Professional Financial Planning
3 sections or stages of financial...,
Early adult years 2,
Middle adult years 3
46  cards
Chapter 16: Standard Life Insurance Contract Provisions and Options
Annual appointment of divisible s...,
Participating policies 2,
Non participating policies 3
28  cards
Chapter 18: Health Insurance and Disability Insurance
Disability 1,
Disability insurance 2,
Elimination period 3
20  cards
Chapter 19: Employee Benefits
General feature group insurance 1,
Insurance that requires contract ...,
Experience rated premiums 3
25  cards

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ACT 2020

  • Class purpose General learning

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