O-LevelCommerceInsurance7100/12 · May/June 2013 · Q311 Mark

The diagram shows the pooling of risk. [Figure 31.1] Identify X in the diagram.

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Ainvest funds

Bmake claims

Cpay premiums

Dreceive policies

✓ Correct answer

C: pay premiums

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Topic: Insurance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2013 Paper 1 Variant 2, question 31.

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