1.
Insurance plays a central role (in, on) ________ the
functioning of modern economies.
2.
Life insurance offers protection (for, against) _______
the economic impact of an untimely death.
3.
Health insurance covers the sometimes extraordinary
costs (in, of) _______ medical care.
4.
Bank deposits are insured (through, by) _______ the
federal government.
5.
(Of, In) _______ each case a small premium is paid by
the insured to receive benefits.
6.
(In, At) ______ the core of the insurance problem lies
the concept of risk.
7.
The effective response (to, by) ___ risk combines two
elements.
8.
In exchange (to, for) _______ a premium, the insurer
will pay a specified claim.
9.
The insurer is able to offer protection against financial
loss (by, towards) _______ pooling the risks.
10.
(Without, With) _______ a large pool, only a tiny
fraction of insured shipments is lost.
