IIQE (HK) Practice Questions - Insurance Intermediaries Qualifying Examination (Paper 1 & Paper 2) Exam

Which of the following best describes a 'pure risk' as used in insurance?

A risk where there is a chance of loss or no loss, but no chance of gain A risk where there is a chance of either gain or loss A risk that can never be insured A risk that always results in a financial gain

Correct Answer:

A risk where there is a chance of loss or no loss, but no chance of gain

Access more questions from this quiz

Continue to IIQE (HK) Practice Questions - Insurance Intermediaries Qualifying Examination (Paper 1 & Paper 2) Exam for more practice questions and the full quiz experience.

Access More Questions