Insurance and Risk Management

Category: Objective Test

Type: Individual

Grade Level: 9-12

Event Guidelines

Participants must furnish their own No. 2 pencils and erasers and their own calculators. No graphing or financial calculators, phones, or other memory storage devices are allowed.


  • Risk management process
  • property and liability insurance
  • health, disability, and life insurance
  • insurance knowledge
  • decision making
  • careers
  • ethics


All FBLA members in Grades 9 through 12 are eligible to compete


The test will be machine graded. Ties will be broken based on the order the tests were returned. All judges’ decisions are final.

Who Goes to Nationals?

The first-, second-, and third-place winners of this event will represent Nebraska in the Insurance and Risk Management event at the National Leadership Conference, providing they have not entered this event at a previous National Leadership Conference.