Alberta General Insurance Level 1 Practice Exam 2025 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 400

Which of the following best describes loss-prevention activities?

Investment strategies

Underwriting policies

Activities like fire prevention and safe driving

Loss-prevention activities are any measures taken to minimize the risk of loss. B and D do not accurately describe such activities. Investment strategies refer to ways of managing financial resources, while legal actions against claims would handle situations after a loss has already occurred. A fire prevention program or teaching drivers safe driving habits are examples of activities that aim to decrease the likelihood of loss happening. These measures are preventive and proactive in nature, which aligns with the concept of loss-prevention activities.

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Legal actions against claims

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