AINS Practice Questions - Associate In General Insurance (AINS) Exam

The law of large numbers enables insurers to:

Charge higher premiums to high-risk individuals Predict with reasonable accuracy the number of losses that will occur in a large group Eliminate the need for underwriting Avoid paying claims through careful contract wording

Correct Answer:

Predict with reasonable accuracy the number of losses that will occur in a large group

Access more questions from this quiz

Continue to AINS Practice Questions - Associate in General Insurance (AINS) Exam for more practice questions and the full quiz experience.

Access More Questions