Which of the following risks are insurable? For risks which are not insurable, explain why they are not insurable.

(i) The risk of an individual being killed by a meteorite.

(ii) The risk that an airline will have fewer flights in winter than in summer.

(iii) The risk that poor weather will adversely affect a farmers crops.

(iv) The risk that a couple will divorce. (v) The risk that a $5 childs toy will be broken.

(vi) The risk that a debt will not be repaid.

(vii) The risk that you fail this course.

(viii) The risk that investors will not make enough money on the stock market.