Nebraska Cosmetology State Practice Exam

Which of the following best defines insurance?

A method of transferring risk from an individual to a larger group A form of savings A type of investment in stocks A government benefit program

A method of transferring risk from an individual to a larger group

Insurance is defined as a mechanism for transferring risk from individuals to a larger pool.

Access more questions from this quiz

Continue to Nebraska Cosmetology State Practice Exam for more practice questions and the full quiz experience.