But my teacher find a lots problems about grammar or other.
And me english is bad, I need help.
Could you mind help repair my answer?
You only attention grammar mistake and other mistake. Hoho
The function of insurance divided to primary and secondary. The primary faction of the insurance is risk transfer. On the other hand, transfer risk to the other people who his has same risk.
But to the secondary functions, it divided direct factions and indirect factions. Direct faction has the five major aspects.
First, the stimulation of business activities, provide protection for the company's investment and operation.
Second, insurance main to solution to social difficulties, in a traffic accident, the insurance can solve many economic problems.
Third, the insurance can removal of business distractions and problems, such protection can be in different areas of investment and reduce risk.
Fourth, sometimes when we have losses, the insurance can promotion of loss prevention.
And finally, the insurance can product invisible exports.
For indirect functions, there are three benefits. First, the insurance companies will investment in premiums, which can promotes increased investment in the nation. Second, the insurance can marginally reduces prices of goods and services. Finally, Insurance Company engaged in the
investment industry, so you can reduce premiums.
For the primary functions of the insurance for the investment of the pension and endowment mortgages, and for the secondary functions, it provides the investment channel to the ordinary share capital and unit trusts.
Talking about the risk, there are five types in the insurance. Pure risk is a first risk. This risk means that there is no element of investment involved in insuring against the risk. For example, when the people death. And this risk is insurance protection. Second risk is speculative risk. This risk has chance to profit or losses. For example the Trade Investment will have this risk, but the insurance is not insurance protection. And then, there has other risk that the insurance is not protection – fundamental risk. This risk is often accompanied by a huge disaster. For example when the war outbreak. And particular risk is the other risk that the insurance is protection. This risk is specific protection, for example the theft of building contents. Finally, there is an “acceptable” risk; this is an inherent risk, so the insurance is not protection.