Question 1 of 262

1. Question

1 points

QID57:Which of the following are more likely to be insurable risks?

Emotional potential loss
Psychological potential loss
Financial potential loss
All of the above

Question 2 of 262

2. Question

1 points

QID38:The potential loss that risk presents may be:

Financial loss and physical loss
Physical loss and emotional loss
Emotional loss and financial loss
Financial loss， physical loss and emotional loss

Question 3 of 262

3. Question

1 points

QID40:Risk means:

Only applicable to insurance
In any case， the uncertainty concerning a potential loss
In any case， the uncertainty concerning a potential gain
May have different definitions from different perspectives

Question 4 of 262

4. Question

1 points

QID41:Which of the following is likely to be commercially uninsurable?

Risk of financial loss
Risk of death
Risk of injury
Risk of grief and sorrow

Question 5 of 262

5. Question

1 points

QID42:Which of the following is likely to be commercially insurable?

Financial loss and physical loss
Physical loss and emotional loss
Financial loss and emotional loss
Financial loss， physical loss and emotional loss

Question 6 of 262

6. Question

1 points

QID43:Some risks will make people feel grief and sorrow, but won’t bring any financial loss. The risks are:

Insurable in any case
Often insured
Insurable only when the cause of loss is an accident
Very likely uninsurable

Question 7 of 262

7. Question

1 points

QID45:Emotional loss:

Is often insurable
Normally can be insured
Can be insured only in the event of an accident
None of the above

Question 8 of 262

8. Question

1 points

QID46:In many cases, when insurers talk about “risk management”, they mean which of the following?

Risks that insurance companies are insuring or considering insuring
Dangerous risks
Investment and other investment risks
Administrative staff within an organization

Question 9 of 262

9. Question

1 points

QID47:What is the connection between “insurance” and “risk”?

Some， but not all， risks are insurable
If insured， all financial losses are the insurer's responsibility
The only way to provide protection against risk is insurance
All types of risk are insurable

Question 10 of 262

10. Question

1 points

QID48:For an insurance policy purchased on an “all risks” basis, the expected definition of “peril” is:

Cause of loss
The potential of loss/gain
The property of the insured
Policy insured

Question 11 of 262

11. Question

1 points

QID49:Which of the following is the definition of risk?

Certainty concerning a potential gain
Uncertainty concerning a potential gain
Certainty concerning a potential loss
Uncertainty concerning a potential loss

Question 12 of 262

12. Question

1 points

QID50:From the insurance company’s point of view, which of the following is/are insurable loss(es)?
i. Financial loss
ii. Physical loss
iii. Emotional loss
iv. Specific loss

only i
only ii
i and ii
None of above

Question 13 of 262

13. Question

1 points

QID51:When an insurance policy insures on an “all risks” basis, the “risks” means:

The peril insured or cause of loss
Policyholder
Status of insuring
All of the above are true

Question 14 of 262

14. Question

1 points

QID52:Emotional loss caused by some accidents:

Is often insurable
Normally can be insured
Can be insured only if there is a chance to cause death
Is usually uninsurable

Question 15 of 262

15. Question

1 points

QID37:Which of the following statements relates to the meaning of the word “risk”?
i. The peril insured
ii. The property at risk that insurers are considering insuring
iii. The person at risk that insurers are insuring
iv. Uncertainty concerning a potential loss

i， ii， iii
i， ii， iv
ii， iii， iv
i， ii， iii， iv

Question 16 of 262

16. Question

1 points

QID66:In different situations, a word can be used to describe the potential of loss, an insured peril, an insured person or property. This word is:

Loss
Policy
Insurance
Risk

Question 17 of 262

17. Question

1 points

QID1:Potential sadness and feelings of grief but no financial loss. In this case, what kind of loss could it be?

Financial
Physical
Emotional
None of the above

Question 18 of 262

18. Question

1 points

QID72:Which of the following is/are more likely to be the meaning(s) of insurers using the word “risk”?

Cause of loss (or peril)
Property being insured
Person insured
All of the above

Question 19 of 262

19. Question

1 points

QID71:If a policy is bought on the basis of “all risks”, the predetermined meaning of “peril” in this case is:

Cause of loss
Potential of gain or loss
Insured property
Insured person who is insured by the policy

Question 20 of 262

20. Question

1 points

QID70:If a policy is bought on the basis of “all risks”, the predetermined meaning of “peril” in this case is:

Cause of gain or loss
Peril and cause of risk
Insured property
Insured person who is insured by the policy

Question 21 of 262

21. Question

1 points

QID69:The word “risk” is sometimes interpreted by insurers as:

Uncertainty concerning a potential loss
Peril or cause of loss
The person being insured
All of the above

Question 22 of 262

22. Question

1 points

QID53:The definition of “risk” in the insurer’s view is:

Uncertainty concerning a potential gain
Uncertainty concerning a potential loss
A potential emotional feeling
All of the above are true

Question 23 of 262

23. Question

1 points

QID67:Insurers may use the word “risk” with other meanings, including:
i. Descripting the property or policyholder that they are insuring
ii. Indicating the peril insured or cause of loss
iii. Management of investment and other speculative risks
iv. Make an assessment of any losses and gains that will be faced

i， ii
i， iii
ii， iii
ii， iv

Question 24 of 262

24. Question

1 points

QID55:When the word “risk” is used, the insurer may interpret it as which of the following?

An uncertainty concerning a potential loss
The peril insured or cause of loss
The person at risk that they are insuring
All of the above

Question 25 of 262

25. Question

1 points

QID63:There is a type of risk that makes us sad but does not involve a financial loss. Such risks are:

Insurable in any case
Usually insured
Insurable only when the loss was caused by accident
Very likely uninsurable

Question 26 of 262

26. Question

1 points

QID62:”Risk”:

The term is used exclusively by insurance practitioners
It may refer to the cause of loss insured by the policy
In any case， explained as "uncertainty concerning a potential gain"
In any case， explained as "uncertainty concerning a potential loss"

Question 27 of 262

27. Question

1 points

QID61:Which of the following risks is more likely to be insurable?

Financial and emotional
Physical and financial
Physical and emotional
Emotional and /physical and /financial

Question 28 of 262

28. Question

1 points

QID60:The potential loss that risk presents may be:

Financial only
Physical only
Having protective measures for the risks that may occur
Financial and / physical and / emotional

Question 29 of 262

29. Question

1 points

QID59:The definition of “risk” is:

There is a risk that the insurer may become insolvent
Uncertainty concerning a potential gain
Having protective measures for the risks that may occur
Uncertainty concerning a potential loss

Question 30 of 262

30. Question

1 points

QID54:The word “risk”:

In insurance there is only one explanation
Can be defined as "uncertainty concerning a potential loss" in any case
Can be defined as "uncertainty concerning a potential gain" in any case
May refer to a peril insured by a policy

Question 31 of 262

31. Question

1 points

QID68:Insurers sometimes use the word “risk” to describe:

"Insured" risk
An "insured" property
The person being insured
All of the above

Question 32 of 262

32. Question

1 points

QID7:Which of the following is unlikely to be compensated?

Loss of property
Financial loss arising from the dishonesty of a third party
Bodily injury caused by accident
Feelings of sadness and grief

Question 33 of 262

33. Question

1 points

QID18:The potential loss that risk presents may be:

Financial and physical
Physical and emotional
Emotional and financial
Financial， physical and emotional

Question 34 of 262

34. Question

1 points

QID17:Insurance covers both financial and physical risks. If a person is very sorrow because his friend is ill, this is:

Uninsurable
Can be insured
It is insurable only if his friend dies of illness
None of the above

Question 35 of 262

35. Question

1 points

QID16:Which of the following is most relevant to “uncertainty concerning a potential loss”?

Risk
Offer the potential of gain or loss
Those are insurable risks
Unexpected events， regardless of the outcome

Question 36 of 262

36. Question

1 points

QID14:Which of the following definitions of risk is incorrect?

The insurer considers all risks insurable
Risk contains a suggestion of loss or danger
Insurance is the only tools for risk handling
(a) and (c) only

Question 37 of 262

37. Question

1 points

QID13:Which of the following statements relates to the meaning of the word “risk”?
i. The peril insured
ii. The property at risk that they are considering insuring
iii. The person at risk that they are insuring
iv. Uncertainty concerning a potential loss

i， ii， iii
i， ii， iv
ii， iii， iv
i， ii， iii， iv

Question 38 of 262

38. Question

1 points

QID19:Which of the following statements about the “concept of risk” is true?
i. All risks are commercially insurable
ii. Emotional risks are not normally insurable
iii. Not all risks are commercially insurable
iv. None of the above

i， ii
i， iii
ii， iii
i， ii， iv

Question 39 of 262

39. Question

1 points

QID10:Risk is defined as:

Only applicable to insurance
In any case， it refers to the uncertainty concerning a potential gain
May have different definitions from different perspectives
In any case， it refers to the uncertainty concerning a potential loss

Question 40 of 262

40. Question

1 points

QID3:Which of the following concepts is true?

Insurance is the only way to meet risks
All risks are insurable
Risk is the uncertainty of potential loss
If the risk is not insured， it is not a risk

Question 41 of 262

41. Question

1 points

QID6:Which of the following risks is most likely to be insurable?

Psychological
Emotional
Financial
All of the above

Question 42 of 262

42. Question

1 points

QID5:Mr. Liang is very sorrow because of his friend’s death. What is the risk he faced?

Financial
Physical
Emotional
All of the above

Question 43 of 262

43. Question

1 points

QID4:How can risk be described?

All types of risk are insurable
Insurance is the only way to meet risks
Some risks are commercially insurable
Risks are insurable for insurers

Question 44 of 262

44. Question

1 points

QID36:Some risks will make people feel grief and sorrow, but won’t bring any financial loss. The risks are:

Insurable in any case
Often insured
Insurable only when the cause of loss is an accident
Very likely uninsurable

Question 45 of 262

45. Question

1 points

QID2:Which of the following statements about “insurance and risk” is true?

All types of risk are insurable
As long as there is insurance， there is no risk
Insurance is the only way to manage risk
Insurance is related to risk， but not all risks are insurable

Question 46 of 262

46. Question

1 points

QID56:Which of the following risks may not be insurable?

Risk of financial loss
Risk of loss arising from one's dishonesty
Risk of limb loss
Risk of grief and sorrow

Question 47 of 262

47. Question

1 points

QID11:Which of the following may be insurers’ definition of “risk”?

Uncertainty concerning a potential loss
The person at risk that they are insuring
Cause of loss
All of the above

Question 48 of 262

48. Question

1 points

QID32:What does the “uncertainty concerning a potential loss” mean?

Danger
Risk
Damage
Potential dangerous

Question 49 of 262

49. Question

1 points

QID33:Which of the following statements about the risk is true?
i. All risks are commercially insurable
ii. Not all risks are commercially insurable
iii. The only way to deal with risk is insurance
iv. Insurers may use the word “risk” with other meanings

i and iii
ii and iv
i and iv
i， ii and iv

Question 50 of 262

50. Question

1 points

QID31:Which of the following is more likely to be insurable for the potential loss caused by risks?

Financial loss
Psychological loss
Emotional loss
All of the above

Question 51 of 262

51. Question

1 points

QID29:The “risk” is:

In any case， it is considered insurable by commercial insurers
Normally uninsurable
Normally， the financial or physical loss it brings is insurable
All of the above are true

Question 52 of 262

52. Question

1 points

QID28:Which of the following statements about risk is true?

All risks are commercially insurable
The insurer's uncertainty about the future performance
The cause of loss
All of the above

Question 53 of 262

53. Question

1 points

QID27:Which of the following risks is likely to be commercially uninsurable?

Risk of financial loss
Risk of death
Risk of injury
Risk of grief and sorrow

Question 54 of 262

54. Question

1 points

QID26:Risk means:

Only applicable to insurance
Uncertainty concerning a potential loss
Uncertainty concerning a potential gain
All of the above

Question 55 of 262

55. Question

1 points

QID25:Risk means:

A specific term for insurance practitioners
In insurance it is the cause of the risk
In all cases it refers to the uncertainty concerning a potential loss
In all cases it refers to the uncertainty concerning a potential gain

Question 56 of 262

56. Question

1 points

QID23:Which of the following is/are true of the definition of “risk”?

The property at risk that insurers are insuring or considering insuring
The person at risk that insurers are insuring or considering insuring
Uncertainty concerning a potential loss
All of the above

Question 57 of 262

57. Question

1 points

QID22:Insurers use the word “risk” to mean:

The person at risk that they are insuring
The property at risk that they are considering insuring
Cause of loss
All of the above

Question 58 of 262

58. Question

1 points

QID21:Which of the following risks is unlikely to be insurable?

Risk of financial loss
Risk of emotional loss only
Risk of financial and physical loss
All of the above are insurable

Question 59 of 262

59. Question

1 points

QID20:Which of the following is more likely to be commercially insurable?

Financial and physical risks
Physical and emotional risks
Financial and emotional risks
Financial， physical and emotional risks

Question 60 of 262

60. Question

1 points

QID24:The potential loss that risk presents may be:

Financial loss
Physical loss (of death or injury)
Emotional loss (of grief or sorrow)
Financial and/or physical and/or emotional losses

Question 61 of 262

61. Question

1 points

QID34:A surveyor employed by an insurer requires to check the details of a particular “risk” when assessing the risk. “Risk” means:

The possibility of loss of the insured property
The health condition of the proposer
The credit condition of the proposer
All of the above

Question 62 of 262

62. Question

1 points

QID110:Which of the following should be described as a fundamental risk?

Boiler explosion
A multiple vehicle collision
The outbreak of SARS
Robbery

Question 63 of 262

63. Question

1 points

QID120:Some risks are very likely to be uninsurable. Which of the following is/are this type of risks?

Pure risks
Particular risks
Fundamental risks
All of the above

Question 64 of 262

64. Question

1 points

QID119:When a risk becomes a fact, it affects a relatively small scope. This risk is called a:

Pure risk
Speculative risk
Particular risk
Fundamental risk

Question 65 of 262

65. Question

1 points

QID118:The pure risk means:

A risk which offers the potential of gain
A driving force that drives people to speculate for gains
A risk which offers the potential of loss only
A risk which has destructive disasters

Question 66 of 262

66. Question

1 points

QID117:Which of the following is a “pure risk”?

The decision to start a new company
Horse gambling in racecourse
The death of the debtor
None of the above

Question 67 of 262

67. Question

1 points

QID116:We may classify risk under two broad
headings, namely, potential financial results and:

Economic growth
Potential effect
Potential financial gain
Market change

Question 68 of 262

68. Question

1 points

QID115:The risk which offers the potential of gain or loss is a:

Speculative risk
Investment risk
Pure risk
Particular risk

Question 69 of 262

69. Question

1 points

QID114:If classified from the effect of risk, risks can be divided into:

Particular risks and pure risks
Fundamental risks and pure risks
Fundamental risks and particular risks
Non-particular risks and investment risks

Question 70 of 262

70. Question

1 points

QID113:Which of the following is most suitable to describe the particular risk?

An uninsurable risk
A risk with relatively limited effect
A risk that only affects named policyholders
Property insurance on a designated property

Question 71 of 262

71. Question

1 points

QID111:Which of the following can be described as a “speculative risk”?
i. Fluctuations in the hang Seng index
ii. Casino loss caused by fire
iii. A horse racing result at Happy Valley Racecourse
iv. Research on the effectiveness of antibiotics

Only iii
Only i， ii， iii
Only i， iii， iv
i， ii， iii， iv

Question 72 of 262

72. Question

1 points

QID109:Exclusions in most property insurance refer to which of the following risks?

Pure risks
Particular risks
Fundamental risks
All of the above

Question 73 of 262

73. Question

1 points

QID121:Which of the following can be described as a “speculative risk”?
i. Fluctuations in the hang Seng index
ii. The production of a new model of car
iii. Casino loss caused by fire
iv. The result of a football match

Only iii
i， ii， iii
i， ii， iv
i， ii， iii， iv

Question 74 of 262

74. Question

1 points

QID107:According to the effect, risks can be classified as fundamental risks and:

Pure risks
Speculative risks
Special risks
Particular risks

Question 75 of 262

75. Question

1 points

QID135:When a risk becomes a fact, it will offer the potential of loss or gain, which can be called a:

Pure risk
Speculative risk
Particular risk
Fundamental risk

Question 76 of 262

76. Question

1 points

QID108:Which of the following correctly describes the “fundamental risk”?

It is likely to involve losses， not gains
It affects individuals rather than the whole society
By definition， its effects are not catastrophic
It's very likely to be uninsurable

Question 77 of 262

77. Question

1 points

QID112:Which of the following is a “pure risk”?
i. Plane crash
ii. Launch new insurance products
iii. The building destroyed accidentally by fire
iv. A valuable painting was stolen from the museum

i， ii， iii
i， iii， iv
i， ii， iv
i， ii， iii， iv

Question 78 of 262

78. Question

1 points

QID134:When a risk becomes a fact, losses will occur. According to its effect, risks may be classified as:

Pure risks and speculative risks
Speculative risks and particular risks
Particular risks and fundamental risks
Fundamental risks and pure risks

Question 79 of 262

79. Question

1 points

QID106:In terms of degree of insurability, particular risks:

Definitely insurable
Definitely uninsurable
Less likely to be insurable than fundamental risks
More likely to be insurable than fundamental risks

Question 80 of 262

80. Question

1 points

QID147:According to the financial results, if risks offer the potential of loss only but no gain, or, at best, no change. For example: fire or car accident. Such risks are:

Pure risks
Speculative risks
Particular risks
Fundamental risks

Question 81 of 262

81. Question

1 points

QID140:Which of the following is a correct statement of speculative risks?

Only related to life insurance
Only offer the potential of gain but no loss
Only offer the potential of loss but no gain
Offer the potential of loss or gain

Question 82 of 262

82. Question

1 points

QID139:Which of the following is true to describe the “pure risk”?

An uninsurable risk
The risk that only offers the potential of loss but no gain
The risk that offers the potential of loss and gain
A policy that has no fraud claim ever

Question 83 of 262

83. Question

1 points

QID138:Which of the following is more likely to be a speculative risk?

Stock Speculation
Two vehicles collided
Loss caused by lightning striking the building
None of the above

Question 84 of 262

84. Question

1 points

QID137:Which of the following is not a pure risk?

Loss resulting from an accidental slip
Loss caused by a collision between two cars
Loss caused by lightning striking the building
All of the above are pure risks

Question 85 of 262

85. Question

1 points

QID133:Which of the following should be described as a fundamental risk?

Boiler explosion
Aeroplane accident
War
Robbery

Question 86 of 262

86. Question

1 points

QID74:Only have the potential of loss but no gain are called:

Particular risks
Pure risks
Speculative risks
Fundamental risks

Question 87 of 262

87. Question

1 points

QID122:Which of the following can be described as a “speculative risk”?
i. Fluctuations in the hang Seng index
ii. Development and research of avian influenza vaccine
iii. Casino loss caused by fire
iv. A horse racing result at Sha Tin Racecourse

Only iii
i， ii， iv
i， iii， iv
i， ii， iii， iv

Question 88 of 262

88. Question

1 points

QID142:Which of the following is more likely to be a “speculative risk”?
i. Fluctuations in the hang Seng index
ii. Develop a new sports car
iii. Property was destroyed in an accidental fire
iv. Bet on the outcome of a football match

i and ii
i and iii
i and iv
i， ii and iv

Question 89 of 262

89. Question

1 points

QID131:According to the potential financial results, risks can be classified into speculative risks and:

Pure risks
Particular risks
Fundamental risks
Non-investment risks

Question 90 of 262

90. Question

1 points

QID129:Which of the following is true about “pure risks”?

Definitely insurable
Definitely uninsurable
More likely to be insurable than speculative risks
Less likely to be insurable than speculative risks

Question 91 of 262

91. Question

1 points

QID128:Which of the following is a “pure risk”?

Horseracing gambling
The decision to start a new business
Invest in a certain type of stock
None of the above

Question 92 of 262

92. Question

1 points

QID124:Which of the following are more likely to be “pure risks”?
i. The building was destroyed in the air crash
ii. Develop a new weapon
iii. The building was destroyed by an accidental fire
iv. A valuable painting was stolen from the museum

i， ii， iii
i， ii， iv
i， iii， iv
i， ii， iii， iv

Question 93 of 262

93. Question

1 points

QID123:When a risk becomes a fact, it affects a relatively wide scope. This risk is called a:

Pure risk
Speculative risk
Particular risk
Fundamental risk

Question 94 of 262

94. Question

1 points

QID136:Which of the following is more likely to be a “speculative risk”?
i. Fluctuations in the prime rate
ii. Research and develop a new model sports car
iii. Financial loss of casino caused by fire
iv. Gambling on a race at Sha Tin Racecourse

Only i
Only iv
Only ii and iv
i， ii， iv

Question 95 of 262

95. Question

1 points

QID78:Which of the following is/are pure risk(s)?
i. The building was destroyed in the air crash
ii. Developing a new marine drilling technology
iii. The building was accidentally destroyed by fire
iv. A valuable painting was stolen from the museum

i， ii
i， ii， iii
i， iii， iv
i， ii， iii， iv

Question 96 of 262

96. Question

1 points

QID76:Which of the following is true about fundamental risks?

Only have loss but no gain
Only affect a limited number of people
Affect large numbers of people
Usually insurable

Question 97 of 262

97. Question

1 points

QID85:Which of the following is unlikely to be insurable?

Pure risks
Particular risks
Fundamental risks
All of the above

Question 98 of 262

98. Question

1 points

QID84:From the insurable point of view, pure risks:

Never be insurable
Definitely insurable
More likely to be insurable than speculative risks
Less likely to be insurable than speculative risks

Question 99 of 262

99. Question

1 points

QID83:Which of the following is a fundamental risk?

War
Air accident
Car crash
Robbery

Question 100 of 262

100. Question

1 points

QID82:According to the classification of financial results, risks can be divided into two types, including speculative risks and:

Pure risks
Fundamental risks
Particular risks
Non-speculative risks

Question 101 of 262

101. Question

1 points

QID81:According to the classification of financial results, risks can be divided into two types, including pure risks and:

Speculative risks
Fundamental risks
Particular risks
Non-speculative risks

Question 102 of 262

102. Question

1 points

QID87:Which of the following is a “speculative risk” but not a “pure risk”?

Loss caused by car crash
An accidental slip resulted in a broken foot
The fire caused the collapse of the building
None of the above is a speculative risk

Question 103 of 262

103. Question

1 points

QID79:There is a type of risk which is very likely to be uninsurable. Which of the following is that kind of risk?

Pure risk
Particular risk
Fundamental risk
All of the above

Question 104 of 262

104. Question

1 points

QID88:Which of the following is not a pure risk?

Sinking of ship
Buying a fund with a guaranteed amount
The fire caused the collapse of the building
Injuries caused by accidents

Question 105 of 262

105. Question

1 points

QID77:Which of the following is a fundamental risk?

Boiler explosion
Earthquake
Bicycle accident
Accidentally sprained

Question 106 of 262

106. Question

1 points

QID148:Which of the following can be described as a “speculative risk”?

Personal accident
Run a business
Earthquake
None of the above

Question 107 of 262

107. Question

1 points

QID75:Which of the following is true about fundamental risks?

Potential of loss only (no gain)
Affect large numbers of people
Potential of loss and gain
Insurable

Question 108 of 262

108. Question

1 points

QID145:Which of the following are “pure risks”?
i. Ship sank
ii. Develop a new oil drilling technology
iii. The building was accidentally destroyed by fire
iv. Plane crash

i， ii
i， ii， iii
i， iii， iv
i， ii， iii， iv

Question 109 of 262

109. Question

1 points

QID73:This risk affects large numbers of people and is a widespread disaster, which refers to:

Pure risk
Speculative risk
Particular risk
Fundamental risk

Question 110 of 262

110. Question

1 points

QID15:Which of the following is incorrect in terms of the meaning of risk?

The term risk has a special meaning for insurers
All risks are insurable
Insurance is one of the tools for risk handling
Uncertainty and the undesirable element found with risk that underlies the wish and need for insurance

Question 111 of 262

111. Question

1 points

QID80:Based on their effect, risks can be classified into two types, including particular risks and:

Pure risks
Fundamental risks
Particular risks
Non-speculative risks

Question 112 of 262

112. Question

1 points

QID96:There is a type of risks that may have a very large and wide effect. Such risks are called:

Pure risks
Particular risks
Investment risks
Fundamental risks

Question 113 of 262

113. Question

1 points

QID104:If risks classified according to the effect, in addition to fundamental risks, the other are:

Pure risks
General risks
Particular risks
Investment risks

Question 114 of 262

114. Question

1 points

QID103:Which of the following are “pure risks”?
i. Ship sank
ii. Weapon development
iii. The building was accidentally destroyed by fire
iv. Plane crash

i， ii
i， ii， iii
i， iii， iv
i， ii， iii， iv

Question 115 of 262

115. Question

1 points

QID102:Which of the following is/are the fundamental risk(s)?
i. War
ii. Famine
iii. Traffic accident

Only i
Only ii
Only i and ii
All of the above

Question 116 of 262

116. Question

1 points

QID101:We may classify risk under two broad headings, including financial results and which of the following?

Premium price
Potential effect
The extent to make money
None of the above

Question 117 of 262

117. Question

1 points

QID100:Which of the following is most likely to be uninsurable in terms of degree of insurability?

Pure risks
Particular risks
Fundamental risks
All of the above

Question 118 of 262

118. Question

1 points

QID99:Which of the following is true about “pure risks”?

Definitely insurable
Definitely uninsurable
More likely to be insurable than speculative risks
Less likely to be insurable than speculative risks

Question 119 of 262

119. Question

1 points

QID86:Which of the following is a “speculative risk” but not a “pure risk”?

Loss resulting from an accidental slip
Loss caused by a collision between two cars
Loss caused by lightning striking the building
None of the above

Question 120 of 262

120. Question

1 points

QID97:After risks become facts, according to the actual scope of effect, what can the risks be classified into?

Pure risks and particular risks
Particular risks and fundamental risks
Particular risks and speculative risks
Speculative risks and pure risks

Question 121 of 262

121. Question

1 points

QID105:Links between risk and insurance:

Some， but not all， risks can be insured
All financial losses are the insurer's responsibility as long as they are insured
The only way to insure against risk is insurance
All risks are insurable

Question 122 of 262

122. Question

1 points

QID95:Which of the following is a particular risk?

Investment loss
An accident in which two cars collided
The outbreak of SARS
All of the above

Question 123 of 262

123. Question

1 points

QID94:Which of the following is a “pure risk”?

Horseracing gambling
The decision to start a new company
Insolvency of the debtor
None of the above

Question 124 of 262

124. Question

1 points

QID93:Which of the following can be described as a “speculative risk”?
i. Fluctuations in the hang Seng index
ii. Introducing a new form of savings life insurance
iii. Casino loss caused by fire
iv. A horse racing result at Sha Tin Racecourse

Only iii
Only i， ii， iii
Only i， ii， iv
i， ii， iii， iv

Question 125 of 262

125. Question

1 points

QID92:There is a type of risks that when they become reality, they may have relatively limited rather than widespread influence. Such risks are called:

Pure risks
Particular risks
Investment risks
Fundamental risks

Question 126 of 262

126. Question

1 points

QID90:Which of the following is true about fundamental risks?

Only have loss but no gain
Only affect a limited number of people
Affect large numbers of people
Normally insurable

Question 127 of 262

127. Question

1 points

QID89:Only offer the potential of loss but no gain are called:

Particular risks
Pure risks

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