6 A risk manager is concerned with: a. the control of his company's insurance programme b. the investment portfolio of his company c. the management of risks affecting his company d. the trading results of his employer 7 Most often, disability income insurance coverage with shorter elimination period: a. is only provided by small insurance companies b. charges lower premium c. is only provided by large insurance companies d. charges higher premium 8 Insurable interest exists in the following for arranging property and liability insurance except: a. creditors and debtors b. family relationship c. mortgagees and mortgagors d. bailor and bailee 9 The purposes of the coinsurance clause in health insurance include which of the following: 1. To reduce premium II. To exclude coverage for routine health screenings a. I only b. ll only c. both I and II d. neither I nor 11 10 Which of the following statements regarding claims or average is correct? a. in Australia, the 90% Co-insurance Clause operates in the same way as the British pro rata condition of average b. the burden of proof that the loss involved is caused by an insured peril is on the insurer c. the duty of providing particulars of proof of loss that the loss was caused by an excluded peril rests upon the insurer d. loss adjusters are usually appointed by the insured to negotiate claims with insurers