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RSK3701_2018_TL_201_1_B.
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RSK3701/201/1/2018Tutorial Letter 201/1/2018
Risk Financing and Short Term
Insurance
RSK3701
Semester 1
Department of Finance, Risk Management
and Banking
This tutorial letter contains suggested answers to the
questions in Assignment 01, as well as examination
guidelines.
Bar code
, CONTENTS
1 INTRODUCTION.................................................................................................................... 2
2 GUIDELINES FOR COMPLETING ASSIGNMENT 01 ........................................................... 2
3 GUIDELINES FOR THE EXAMINATION ............................................................................... 6
4 CONCLUDING REMARKS .................................................................................................... 7
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1 INTRODUCTION
Dear Student
The purpose of this tutorial letter is to provide you with guidelines on completing the first
assignment, as well as some information on the examination paper. This guide also
contains additional study guidelines.
2 GUIDELINES FOR COMPLETING ASSIGNMENT 01
Question 1: Correct option - 1
Refer to chapter 2 in the prescribed book.
Brokers are considered to be professional insurance practitioners. Their main income
is the commission paid by the insurance companies they represent. Loss adjusters are
also sometimes called assessors. Although they might assist clients with claims as an
additional service, they are not legally obliged to handle claims.
Question 2: Correct option - 4
Refer to chapter 2 in the prescribed book.
2
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