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Starter Activity Match The Definitions

This document defines different types of risks and requests examples of each. An insurable risk is one that may happen, with home insurance as an example. Assurance is protection against a known loss, like health insurance. A non-insurable risk cannot be insured, such as war. An insurable risk that could happen is theft of personal property.

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39 views

Starter Activity Match The Definitions

This document defines different types of risks and requests examples of each. An insurable risk is one that may happen, with home insurance as an example. Assurance is protection against a known loss, like health insurance. A non-insurable risk cannot be insured, such as war. An insurable risk that could happen is theft of personal property.

Uploaded by

api-264803651
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Match the Correct Definition for each one below and then

give an example in each case

Protection against a loss


you hope will not happen.

Insurable
Risk

Protection against a loss you


know will happen.

Insurance

Things that can be insured.

Things that cannot be


insured against.

Non-Insurable Risk

Assurance

An example of Insurance________________________
An example of Assurance____________________________
An example of Non-Insurable Risk______________________
An example Insurable Risk___________________________

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