LOMA 280 — Principles of Insurance — Free Online Mock Test
LOMA · entry to FLMI track. 70 Q in 2h. Foundational life insurance + financial services knowledge. · Official language: English.
Intermediate
United States
Finance & Professional
70 questions
120 min
50 distinct variants
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LOMA 280 exam at a glance
LOMA 280 section breakdown
The LOMA 280 mock test on Wrexa Edge replicates the real exam's section structure — same names, same question count per section, same time limits. No inter-section breaks — the timer runs continuously.
LOMA 280 scoring & marking scheme
100–1000
Scaled score range
Strategy: LOMA 280 has no negative marking. Attempt every question — blank answers cost you potential marks but cannot pull your score down.
Scale: LOMA 280 (pass 70%).
How LOMA 280 is conducted
Mode
Proctored — Wrexa Edge mirrors this with a webcam-based proctoring flow (face detection, room scan, fullscreen lock, tab-switch detection).
Test format
Linear / fixed-form — every candidate sees the same number of questions per section.
Backtracking
Allowed — you can revisit and change answers within a section.
Mark for review
Available — flag tough questions and return to them before submitting the section.
LOMA 280 time strategy
With 70 questions in 120 minutes, you have about 103 seconds per question on average. Successful candidates aim for the following pacing on each section:
Wrexa Edge's analytics show your actual time-per-question after every mock so you can spot which sections you're losing time on.
LOMA 280 topics covered
Across the 50 Wrexa Edge variants of LOMA 280, the following topics appear most often (sample distribution from one variant):
LOMA 280 (70 Q)
- Ethics — Standards · 17
- Quant — TVM · 2
- CFA II — OAS · 1
- CFA II — Swaps · 1
- CFA II — MBS Prepayment · 1
- CFA II — Z-Spread · 1
- CFA II — Key Rate Duration · 1
- CFA II — Black-Scholes · 1
Sample LOMA 280 questions
A preview of real practice questions from the Wrexa Edge LOMA 280 bank — the same style, phrasing and difficulty you'll face on test day. Full solutions unlock free inside the mock.
LOMA 280 (70 Q) · CFA II — OAS
Q1. Option-Adjusted Spread (OAS) is:
Why: Correct answer: D — The spread over Treasury after removing the value of embedded options — comparable across callable/putable bonds. Topic: CFA II — OAS.
LOMA 280 (70 Q) · CFA II — Swaps
Q2. In an interest rate swap, the fixed-rate payer:
Why: Correct answer: A — Receives floating (e.g., SOFR) and pays a fixed rate set at inception. Topic: CFA II — Swaps.
LOMA 280 (70 Q) · CFA II — MBS Prepayment
Q3. Prepayment risk in MBS arises because:
Why: Correct answer: B — Mortgagors can prepay (e.g., refinance) when rates fall — shortening duration when investors least want it. Topic: CFA II — MBS Prepayment.
LOMA 280 (70 Q) · CFA II — Z-Spread
Q4. The Z-spread is:
Why: Correct answer: C — The constant spread added to each spot rate to make PV of cash flows equal the bond's market price. Topic: CFA II — Z-Spread.
LOMA 280 (70 Q) · CFA II — Key Rate Duration
Q5. Key rate duration measures sensitivity to:
Why: Correct answer: D — A non-parallel shift in a specific point of the yield curve (e.g., 5-year), holding others constant. Topic: CFA II — Key Rate Duration.
LOMA 280 (70 Q) · CFA II — Black-Scholes
Q6. In Black-Scholes, the call option price depends on five inputs:
Why: Correct answer: A — Spot price (S), strike (K), time to expiry (T), risk-free rate (r), and volatility (σ). Topic: CFA II — Black-Scholes.
These are a handful of the 3500 unique LOMA 280 questions across all 50 Wrexa Edge variants — start a free mock to attempt the full set with instant scoring.
LOMA 280 difficulty calibration
Intermediate tier. Intermediate-level: assumes a working command of the syllabus. Most candidates need 2-4 months of focused prep.
LOMA · entry to FLMI track. 70 Q in 2h. Foundational life insurance + financial services knowledge. · Official language: English.
Verified content — Wrexa Edge's LOMA 280 bank has been deeply curated with real exam-aligned content (estimated 100% syllabus coverage).
How Wrexa Edge prepares you for LOMA 280
Real test-day interface
Our cert skin mirrors the actual LOMA 280 testing software — same timer, palette, tools, and navigation.
50 distinct variants
3500 unique practice questions, each variant a fresh test — not just shuffled options.
Detailed analytics
Scaled score, section accuracy, topic-wise heatmap, time-per-question — see where to focus after every attempt.
Spaced repetition (Notebook)
Wrong answers and flagged questions flow into an SM-2 spaced-repetition deck so you actually retain what you learn.
Optional proctoring
Browser-based face-api detection (no install) — turn it on to simulate real LOMA 280 test-day conditions.
Free to start
No credit card. Sign up, pick a variant, and your first LOMA 280 mock starts in under a minute.
LOMA 280 study plan
A phase-by-phase roadmap from your first concept to test-ready. Stretch or compress each phase to fit the time you have before your attempt.
1
Phase 1 — Learn the syllabus
Weeks 1–4
- Work through every section — LOMA 280 (70 Q) — from your core study material
- Make short notes and a formula/fact sheet you can revise quickly
- Attempt topic questions right after finishing each area
2
Phase 2 — Practice & sectionals
Weeks 5–8
- Solve previous-year and practice questions section by section
- Time yourself on LOMA 280 (70 Q) and your weakest areas
- Keep an error log and revisit every mistake weekly
3
Phase 3 — Full-length mocks
Weeks 9–12
- Take full-length LOMA 280 mocks in the real test interface
- Analyse accuracy, time per question and silly mistakes after each mock
- Revise from notes and re-attempt only weak-topic questions
Where LOMA 280 can take you
A strong LOMA 280 result opens up these careers and higher-study paths:
Banking & financial services
Roles across retail and corporate banking, insurance and non-banking financial companies.
Accounting, audit & analysis
Positions in audit, taxation, financial analysis and advisory at firms and corporates.
Professional designation path
A stepping stone toward advanced qualifications and senior finance and consulting roles.
Frequently asked questions
- What is the LOMA 280 exam pattern?
- LOMA 280 — Principles of Insurance contains 70 questions across 1 section: LOMA 280 (70 Q). Total duration is 120 minutes (about 103 seconds per question).
- Does LOMA 280 have negative marking?
- No — LOMA 280 has no negative marking. Each correct answer is worth 1 mark, so attempt every question.
- How is LOMA 280 scored?
- Scaled score range: 100 to 1000. LOMA 280 (pass 70%).
- How can I practise LOMA 280 online for free?
- Wrexa Edge gives you 10 free full-length LOMA 280 mock tests — with instant scoring, detailed explanations and analytics — plus 40 more with Pro. Start practising in under a minute, no card required.
- What is the difficulty level of LOMA 280?
- LOMA 280 is rated Intermediate difficulty on Wrexa Edge. Intermediate-level: assumes a working command of the syllabus. Most candidates need 2-4 months of focused prep. LOMA · entry to FLMI track. 70 Q in 2h. Foundational life insurance + financial services knowledge. · Official language: English.
- How long is the LOMA 280 exam?
- LOMA 280 runs for 120 minutes total. On Wrexa Edge the timer is enforced exactly as on the real exam — including no inter-section breaks.
- What topics are covered in LOMA 280?
- LOMA 280 is split into: LOMA 280 (70 Q). Each section is timed and weighted separately. LOMA · entry to FLMI track. 70 Q in 2h. Foundational life insurance + financial services knowledge. · Official language: English.
- What tools or aids are allowed during LOMA 280?
- No special tools are required. Note: real exam is proctored — Wrexa Edge mirrors this with a webcam-based proctoring flow you can enable.
- Is the LOMA 280 test adaptive?
- No — LOMA 280 is a fixed-form (linear) test. Every candidate sees the same number of questions per section.
- How many LOMA 280 mock tests does Wrexa Edge offer?
- Wrexa Edge generates 50 distinct LOMA 280 variants — each with different question content, not just shuffled options — the first 10 free for everyone and 40 more with Pro. That's 3500 unique practice questions in the real test-day interface.
- Is there a free LOMA 280 test series 2026?
- Yes. The Wrexa Edge LOMA 280 test series for 2026 gives you 10 free full-length mock tests (50 in total) plus subject-wise and topic-wise tests — instant scoring and detailed analysis, no card required.
- Are LOMA 280 previous year question–style papers included?
- Every LOMA 280 mock is modelled on the official exam pattern and the style of previous years' papers — the same 70-question structure, sections and marking — so your practice mirrors the real paper you'll sit.
- Which is the best free LOMA 280 mock test online?
- Wrexa Edge's LOMA 280 mock test replicates the real exam interface, timing and marking scheme, with instant score, section-wise analysis and 50 fresh variants — a strong free choice for 2026 preparation.
- Can I take the LOMA 280 mock test on mobile?
- Yes. LOMA 280 mock tests run in any browser on mobile, tablet or desktop — no app or download needed. Start on your phone and your progress and analytics sync when you sign in.
- What is the LOMA 280 syllabus?
- The LOMA 280 syllabus maps to its 1 section: LOMA 280 (70 Q). Wrexa Edge's mock tests cover the complete syllabus topic by topic — see the topics-covered breakdown above — so you practise every area at real exam difficulty.
- What is the eligibility for LOMA 280?
- Eligibility for LOMA 280 — age, qualification and number of attempts — is set by the official conducting body and can change each cycle, so always confirm the current official notification before applying. Wrexa Edge focuses on realistic LOMA 280 practice: 10 free full-length mocks in the exact exam pattern, ready whenever you are.
- When is the LOMA 280 exam and how should I prepare?
- Official LOMA 280 exam dates are announced by the conducting body for each cycle — check the latest notification for the current schedule. To be ready, follow a phased study plan and take full-length timed mocks; Wrexa Edge gives you 10 free LOMA 280 mocks with instant scoring so you can track your readiness week by week.
Ready to ace LOMA 280?
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