1. Regarding the characteristics of insurance, which of the following is/are fundamentals? I. Probability(possibility and predictability of a loss) II. Law of large numbers III. Transfer of a risk from individual to group IV. Insurance is a form of speculation.

A. I and II only B. I, II and III only C. I, II and III only D. IV only

2. Adherence to the principle of indemnity means that A. The insurer will pay the face amount of a life insurance policy, regardless of the cause of death. B. The insured can profit from his or her insurance coverage if he or she has two identical fire insurance policies. C. The insurer will reimburse the insured only to the extent of the insured's financial loss. D. The insurer does not have to rely on the insured's representations contained in the application for insurance.

3. Which of the following statements concerning individual disability income policies is not correct? A. They usually contain a waiting or elimination period. B. They usually cover both accidents and sickness. C. They usually replace all of the disabled insured's lost earnings D. They have more than one definition of disability.

4. For which of the following needs is term life insurance best suited? A. Meeting the inheritance needs of a wealthy client B. Retiring an installment debt obligation at death. C. Providing a life income for the insured's widow. D. Accumulating funds for retirement

Need help to solve these questions.

COH16MAU2 Jul 2018) (1).pdt - Adobe Acrobat Reader DC File Edit View Windaw Help Home Tools A Sign In 008% t Share COR167 Tutor Marked Assignment Question 2: WEALTH ACCUMULATION - INVESTMENT PLANNING (32 marks) 2(a) Wiile TRUE" or "FALSE for the followng statements with regards tovestmen The owner of a couvertible bond has the option to become a shareholder The expected retu of a portfolio retun is a weighted average of the component expected renum 2 A large reverse split will reduce the number of shareholders. A waant gives its owner the rht to sell shares back to the company at a pre- determined price A retail food chain is a cyclic stock. A forward PE is sometimes less than a trailing PE. If a fin's asset mover increases, ils ret on assets also increasesag everything else remains constant. A stock that breaks though support level gives a bullish siial. Increased marein buying has historically been associated with recently rising markets. Small fims tend to outperfo those with larger capitalization. (10 maks) I+ 46 PM