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SERIES 103: LOUISIANA LIFE, HEALTH, AND ACCIDENT INSURANCE EXAM
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6
August 2025
2025/2026
A+
Which of the following is considered to be an event or condition that increases the probability of an insured loss? - Answer -hazard
An example of risk sharing would be: - Answer -Doctors pulling their money to cover malpractice exposures.
An individual who removes the risk of losing money in the stock market by never purchasing stocks, is said to be engaging in: - Answer -Risk avoidance
Insurance companies determine risk exposure by which of the following? - Answer -Law of large nu...
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