II Watch the video and fill in the gaps with the words from the list. There are some words you don’t need to use.
Policyholders; predicted; exactly; protection; exposed; statistical; amount; insurers; opposed; statistics; paid; policymaker; insurance; personal; fund; save; covers; similar; compensation; occur; predict; good; assure; person; suffer; prepare Insurance
1) risks you can't 2) for, so you don't have to 3) all your money. But how can 4) provide 5) when so many losses 6) every day? With lots of 7) risks insurers can 8) roughly the number of losses they might have. They won't know 9) , but experience and 10) data can give them a pretty 11) idea. In fact, only a small proportion of 12) will actually 13) a loss in any given year. An 14) company offers its 15) by grouping together people who all feel 16) to the same risk. By collecting an 17) of money, a premium, from each 18) , the insurer can accumulate a 19) , called a pool, out of which losses can be 20) .
Classes at the Institute began in January 1919, at three faculties : the socio-historical , natural and physico-mathematical. Studies have begun to about 50 people. The course was a four-year.
In 1923 was the first and last for this period, the graduation of students. June 12, 1923 by the decision of the CPC, the Institute was closed.
23 Aug 1932 pedagogical Institute was re-opened . Initially, the Institute was established 4 branches - historical, economic , mathematical, and physical . At the same time with a day office in 1932 opened the reception at the evening Department.
29 December 1973 on the basis of the pedagogical Institute was opened in Ivanovo state University. The first rector was Professor V. N. Latyshev .Now the University's 9 faculties . It was opened 4 new faculty : biology and chemistry , Economics , law and faculty training. The University is preparing
in 11 specialties.