Tante Manis insurable risks are the types of risks where insurance companies make a provision for or warrant against because it is possible to collect, calculate and estimate possible future losses. Insurable Risk has previously used statistics as a basis for estimating the premium. He held out the prospect of income but did not. Risk can be estimated and measured for example motor insurance, marine insurance, life insurance etc.. This type of risk is one in which the possibility of it can be concluded, from the information available on the frequency of similar past events.