hnd保险原理outcome1答案

1.There are both Primary and Secondary Functions connected with insurance. Primary Function :

The basic function of insurance is to transfer risk and loss-sharing features, as well as economic compensation and insurance payment function. It is in line with the initial motivation of people to cope with risks, is the most important function of insurance. Secondary Functions :

Secondary Functions may be direct or indirect.

Direct functions :

the stimulation of business activities.

the solution to social difficulties.

the removal of business distractions and problems.

the promotion of less prevention.

the production of invisible exports.

EX: The stimulation of business activities. Any one of the operating companies will have potential risks, including the company building, machinery and equipment, and even computer security systems, etc., will be at risk, so there will always lose. The cost of insurance can be transferred to the insurance company may lose, this will reduce the company's losses, thereby reducing the burden.

Indirect functions :

promotes increased investment in the nation.

marginally reduces prices of goods and services.

reduces insurance premiums.

EX: Promotes increased investment in the nation.The insurance company gathered a large number of funds through their activities, and these funds are being used to investment, government and industrial sectors with the invested money to some of the financial instruments, so as to promote the development of the country.

2.The definition of risk is the uncertainty of loss. This means that individuals will take the risk and cannot ensure whether the loss will occur.

There are five different forms of risk in risk. They are rspectively pure risk, speculative risk, fundamental risk, particular risk, …acceptable? risk.

Pure Risk : Pure risk refers to the risk of loss is only and no profit opportunity, can also be seen as “no beneficial result”.

For example, Fire. In one day's night, a man in the house to smoke, he has not smoked, an emergency telephone calls him out, shut the cigarette butts thrown into the dustbin men, the man was gone, did not destroy the cigarette ignited wastebasket, then caused a fire.The risk is insurable and the insurance company can help it .Because the insurance company can calculate the probability of the occurrence of the event according to the previous data, so the risk is usually to be insured.

Speculative Risk:Speculative risk is likely to generate revenue or risk of loss, both profit opportunities may exist, and there's the possibility of loss.

For example,Stocks.A man bought some shares a few days the stock market crash, the money invested as spilled water, never come back.This risk is uninsurable, the insurance company will not help them.Because the risk of speculation too many variables, it is difficult to predict, the greater the investment, the greater the loss of the insurance company, so under normal circumstances, this risk can not be guaranteed. Solution : People can choose to diversify investment, thereby reducing the risk. Fundamental Risk : The fundamental risk refers to the risk caused by non personal behavior. It affects the whole community and the whole society, and it is unable to prevent the risk of personal.

Such as war. If during the war, your assets or if you have nothing to lose oneself, then the insurance company will not be responsible and will not help them, because such risk is uninsurable. Because such cases, the impact is too large, the insurance company may not be protected.

Solution: People can seek help from International Aid Agencies and Governments.

Particular Risk : Particular risk refers to the risk caused by personal behavior, it only with particular individuals or business related, does not affect the entire community and society.

Such as vehicle accident . On thursday's day, Mr. Zhang was driving a car on the road, opposite the sudden appearance of a truck, Mr. Zhang response is not timely, resulting in two vehicles collided, causing a vehicle accident.This risk is insurable. Because of these risks can be predicted by people, the probability of these events can be calculated.

‘Acceptable Risk’ : Acceptable risk is the maximum extent of the losses expected risk of accidents at work or personal financial ability and mental capacity within the maximum extent.

For example, a man was walking on the road to a drop from the clouds suddenly was hit in the head of the football. The risk is uninsurable. Because of this risk group of individuals within the tolerance range, the insurance company may not be able to help.

Solution : As far as possible to reduce the risk, increase the protection measures or choose not to do.

3. There are four major types of insurance, include property insurance , personal insurance, motor insurance and travel insurance .

Property insurance includes marine, fire, household, theft, livestock, consequential loss and aviation.

Fire insurance refers to fixed assets are kept in place and in a relatively quiescent state of the subject matter insured, the insurer shall be borne by the insured property insurance accident suffered losses of a financial liability and property insurance. Insurance stored addresses are not free to change the subject, change is affecting the effectiveness of the insurance contract. Fire insurance insurable risk is very broad, including natural disasters and a variety of accidents. Fire insurance insurable property include: housing and other buildings and ancillary equipment renovation.

Finally, the amount of insurance fire insurance is usually determined by the breakdown of the underlying insurance.

Theft insurance.During the period of insurance, the insurance address stored in the property insurance, the loss suffered damage due to external has obvious traces of the theft, robbery, caused by theft, the insurance company responsible for compensation; however, the insured person and their family members, service personnel, who the theft, theft or condone the others by insurance property loss, the insurance company is not responsible for compensation.

Aviation insurance . Aviation insurance is based on the aircraft travel is a kind of insurance mark insurance, is a kind of property insurance. When the insured aircraft due to natural disasters or accidents and damage, resulting in third or the passengers personal injury, property loss, the insurance company responsible for compensation.

Personal insurance includes personal accident, personal health, employer?s liability, public liability and life assurance.

Personal accident insurance refers to the insured in the insurance period, subject to involuntary, exotic, accidents happen suddenly, causes the body to suffer injury or death and disability, the insurance company in accordance with the provisions of the contract of insurance the insurance that pays insurance gold. Such as falling off a horse or being bitten bu a monkey.

Personal health insurance is designed to replace income on a long-term basisi for a disability caused by sickness or an accident. But ,some items not included in the policy such as AIDS etc.

Motor insurance include third party; third party, fire and theft adn fully comprehensive. Travel insurance include personal accident benefits; medical expenses; loss of deposits; baggage,personal effects and money; personal liability; delayed baggage; hospital cash benefits; travel delay.

4.This case suit property insurance. Mike went to horse racing, and later found on a camera on the seat was stolen. This event belongs to theft. This is within the range of theft insurance. Cameras are valuables, insurance companies should ensure and verify the authenticity of the event. Meanwhile, Mike needs to check the limit of insurance claims. First, to assess the value of the camcorder, and then have to check whether within the scope of insurance. If the camcorder is not covered by insurance coverage, you need to buy a separate insurance for the camera.

5.This case suit travel insurance.Miike?s mother was ill during the period of traveling abroad. In foreign hospital to be described as sunstroke.Then travel to be terminated, back to the local hospital to check, she had suffered a minor stroke. At the same time, Mike also should pay attention to some matters needing attention of travel insurance.First, Mike should look at the specific insurance policy, and then look at whether the costs incurred by the hospital in the insurance coverage.Finally, his mother previously been sick, he should tell it to the insurance company to see if in the coverage,if did not inform the insurance company, the insurance company will not pay compensation.