Course Wall Street Prep
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Texas Life Insurance exam Questions and Answer well revised 
Insurance 
(General concept) - correct answers-- transfers the risk of loss from an individual to an insurer 
- based on the principle of indemnity 
- based on the principle of risk (risk pooling) 
 
insurable interest 
(General Concept) - correct answers-- must exist at the time of the application 
- insuring one's own life, family member, or a business partner 
 
Solicitation and sales presentation - correct answers-- illustrat...
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Texas Life Insurance exam Questions and Answer well revised 
Insurance 
(General concept) - correct answers-- transfers the risk of loss from an individual to an insurer 
- based on the principle of indemnity 
- based on the principle of risk (risk pooling) 
 
insurable interest 
(General Concept) - correct answers-- must exist at the time of the application 
- insuring one's own life, family member, or a business partner 
 
Solicitation and sales presentation - correct answers-- illustrat...