Page 17 - Life Assurance

1/3
Questions

1- Write short notes on any three of the
following, each in a paragraph of about six lines:

- Static (pure) risks .
- The insurable personal risks.
- The reasons for uninsurable risks.
- Requirements of insurable risks.
-Private insurance differs from social
insurance in several ways.
- The main function of insurance.

2- Answer five of the following questions very
briefly:

-What we mean by insurance?
-What is the main advantage of risk
transfer?
-Distinguish life insurance policy from
social insurance old age, disability and death
insurance as social insurance.
- State two of the advantages of insurance.

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