Insurance and Risk Management Quiz

Correct Answers and Explanations

Question 1: What is the primary purpose of insurance?

A) Күтүлбөгөн окуялардан каржылык тобокелдикти которуу

B) Премиялардан акча табуу

C) Мамлекеттик жеңилдиктерди берүү

D) Жыйымдык эсептерди алмаштыруу

Correct: A) To transfer financial risk from unexpected events

Explanation:

Insurance helps transfer the financial risk of unexpected events (like accidents, illness, or property damage) from individuals to insurance companies.

Question 2: Which type of insurance is typically required by law for drivers?

A) Унаа жоопкерчилик камсыздандыруусу

B) Толук унаа камсыздандыруусу

C) Жашоо камсыздандыруусу

D) Медициналык камсыздандыруу

Correct: A) Auto liability insurance

Explanation:

Auto liability insurance is required by law in most places to cover damages you might cause to other people or their property in an accident.

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