Introduction to General Insurance Underwriting

Subject Content

  • Activity: Insurable or uninsurable risk classifications

    Tick the correct boxes in the following table to indicate whether you consider the following risk classifications to be insurable or uninsurable.

    Submit your answers to reveal reveal if your choices are correct/incorrect.

    Classification of RiskInsurableUninsurable
    Dynamic
    Speculative
    Pure
    Particular
    Static

  • Quiz: Which risks can be insured?

    Can the following risks be insured? Why/why not?

    Shop owners in the foyer of a city hotel want to insure against damage that may arise during a planned protest against a future convention at the hotel.

    Submit your answer to reveal a suggested response.

  • Quiz: Which risks can be insured?

    Can the following risks be insured? Why/why not?

    A property owner in Alexandra, Central Otago, wants to remove the roof of his house during the July school holiday break (the snow/storm season for this region). He calls his insurer to request storm cover continuance during the building period.

    Submit your answer to reveal a suggested response.