More cards in this set

Card 6

Front

Is the statement not every risk is insurable true or false?

Back

Preview of the front of card 6

Card 7

Front

Explain how insurance is a means of transferring risk, using an example

Back

Preview of the front of card 7

Card 8

Front

Other than in the generic sense, how are 3 other ways it’s used within the insurance market?

Back

Preview of the front of card 8

Card 9

Front

What do risk-seeking and risk adverse mean?

Back

Preview of the front of card 9