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    Insurance Learning

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    Mohamed Salih Mohamed Azmy
    This document contains a quiz on concepts related to risk and insurance. It asks multiple choice questions about: 1) Which option is not a non-financial risk. 2) How risks that lead to measurable and non-measurable losses are termed. 3) What type of risk involves a single major event leading to higher claims. The document contains multiple choice questions about risk, peril, insurance, and catastrophe definitions.

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    Insurance Learning

    Uploaded by

    Mohamed Salih Mohamed Azmy
    7 views28 pages
    This document contains a quiz on concepts related to risk and insurance. It asks multiple choice questions about: 1) Which option is not a non-financial risk. 2) How risks that lead to measurable and non-measurable losses are termed. 3) What type of risk involves a single major event leading to higher claims. The document contains multiple choice questions about risk, peril, insurance, and catastrophe definitions.

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    Knowledge about insurance

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    This document contains a quiz on concepts related to risk and insurance. It asks multiple choice questions about: 1) Which option is not a non-financial risk. 2) How risks that lead to measurable and non-measurable losses are termed. 3) What type of risk involves a single major event leading to higher claims. The document contains multiple choice questions about risk, peril, insurance, and catastrophe definitions.

    Copyright:

    © All Rights Reserved
    Download as PPSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppsx, pdf, or txt
    7 views28 pages

    Insurance Learning

    Uploaded by

    Mohamed Salih Mohamed Azmy
    This document contains a quiz on concepts related to risk and insurance. It asks multiple choice questions about: 1) Which option is not a non-financial risk. 2) How risks that lead to measurable and non-measurable losses are termed. 3) What type of risk involves a single major event leading to higher claims. The document contains multiple choice questions about risk, peril, insurance, and catastrophe definitions.

    Copyright:

    © All Rights Reserved
    Download as PPSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppsx, pdf, or txt
    of 28

    START

    QUIZ
    Click the correct answer
    Which one of the following is not a non-financial risk?

    Professional Misconduct
    Value of Assets
    Misuse of power
    Harassment
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    Correct Answer
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    Risks that lead to losses that can be measured and cannot be
    measured in monetary terms are termed as

    Pure and Speculative Risks
    Fundamental and Particular Risks
    Financial and Non-Financial Risks
    Dynamic and Static Risks
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    Risks where a single event of major magnitude leads to
    significantly higher claims are called

    Speculative Risk
    Catastrophic Risk
    Economic Risk
    Fundamental risk
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    In Life Insurance what is uncertain?

    Death
    Peril
    Risk
    Time of Death
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    If the possibility of the occurrence of the event is certain,

    Risk will not be covered
    Risk will be covered
    Risk will be retained
    Risk will be transferred
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    Any thing that causes the loss or an event or incident that may
    cause a loss is called

    Risk
    Peril
    Catastrophe
    Accident
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    Insurance can compensate only losses which
    are..


    Only economic
    Non-Economic
    Sentimental
    Not quantifiable
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    Uncertainty of outcome is called as


    Peril
    Risk
    Catastrophe
    Accident
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    Perils differ according to .

    Frequency only
    Intensity Only
    Frequency and Intensity
    Intensity and Uncertainty
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