Which of the following is a type of risk that insurance companies typically cover?

Insurance companies typically cover pure risk, which is characterized by situations that can only result in a loss or no loss, with no possibility for financial gain. Pure risks are insurable because they offer a clear basis for underwriting and determining premiums. Examples of pure risks include damage to property, liability for injuries, and health-related issues.

In contrast, speculative risks involve the possibility of gain, such as investments or business ventures, and are typically not insurable. Operational risk and strategic risk are also non-insurable risks related to business processes and long-term company strategy, respectively. Thus, the focus of insurance is on safeguarding against pure risks, making it the appropriate choice in this context.