Modules 1 and 2 (Total Points Available – 30) 1) Search the Internet for consumer opinion about the insurance industry. Summarize TEN (10) items you discover using one sentence each. (10 points) 2) For each of the followingscenarios, state whether or not an insurable risk exists, then explain why: a) Rusting of an unprotected iron structure. (2 points) b) A genetic defect affects 9 of 10 newborn males in a family. (2 points) c) Developing a cancer. (2 points) d) Eventual obsolescence of a personal computer. (2 points) e) Losing money at the casino. (2 points) 3) You are employed in the insurance industry. One night, you are at aparty and the discussion turns to the topic of insurance companies andhow they rip-off the public with high premiums. Using your own words, outline: a) FIVE (5) benefits of insurance tosociety. (5 points) b) FIVE (5) benefits of insurance to your friends as individuals. (5 points)