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

Decks in this class (18)

Chapter 1 Vocab (Text)
Attitudinal morale hazard,
Avoidance,
Chance of loss
36  cards
Chapter 2 Vocab (Text)
Adverse selection,
Casualty insurance,
Commercial lines
23  cards
Chapter 3 Vocab (Text)
Risk management,
Loss exposure,
Loss frequency
26  cards
Chapter 5 Vocab (Text)
Stock insurer,
Mutual insurer,
Advance premium mutual
25  cards
Chapter 1 Vocab (Notes)
Risk,
Loss exposure,
Objective risk
44  cards
Chapter 2 Vocab (Notes)
Insurance,
Pooling,
Law of large numbers
16  cards
Chapter 3 Vocab (Notes)
Risk management,
Loss exposures,
Loss frequency
27  cards
Chapter 5 Vocab (Notes)
Consolidation,
Convergence,
Stock insurer
27  cards
Chapter 8 Vocab (Notes)
Paul v virginia 1868,
Us v south eastern underwriters a...,
Mccarran ferguson act 1945
7  cards
Chapter 9 Vocab (Notes)
Actual cash value acv,
Fair market value,
Broad evidence rule
19  cards
Chapter 10 Vocab (Notes)
Declarations,
Insuring agreement,
Named perils coverage
18  cards
Chapter 11 Vocab (Notes)
Premature death,
Human life value,
Readjustment period
35  cards
Chapter 12 Vocab (Notes)
Ownership clause,
Entire contract clause,
Incontestable clause
29  cards
Chapter 8 Vocab (Text)
Admitted assets,
Alien insurer,
Assessment method
23  cards
Chapter 9 Vocab (Text)
Principle of indemnity,
Actual cash value,
Fair market value
31  cards
Chapter 10 Vocab (Text)
Declarations,
Insuring agreement,
Named perils policy
25  cards
Chapter 11 Vocab (Text)
Premature death,
Traditional families,
Blended family
29  cards
Chapter 12 Vocab (Text)
Ownership clause,
Entire contract clause,
Incontestable clause
37  cards

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Risk and Insurance

  • Class purpose General learning

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