MSCSIII - Risk Management Quiz

Is this your test? Login to manage it. If not, you can build a quiz just like it.

This is a non-interactive preview of the quiz content.

1.
1 point
A part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims.
2.
1 point
Which of the following is NOT a way to deal with risk?
3.
1 point
A situation that involves danger:
4.
1 point
A specified amount of money that the insured must pay before an insurance company will pay a claim:
5.
1 point
An amount paid for an insurance policy:
6.
1 point
The amount of protection given by an insurance policy:
7.
1 point
A practice or arrangement by which a company provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium.
8.
1 point
Something that is complete, all inclusive:
9.
1 point
A demand or request for something considered one's due:
10.
1 point
Acting in response to a situation after it happens:
11.
1 point
Controlling something before it happens: