In order to have an insurable risk, all of the following must be present except? a. The loss must be measurable. b. The loss must be accidental from the insured’s point of view. c. The loss cannot be catastrophic to the insured. d. The loss must be from a covered exposure
In order to have an insurable risk, all of the following must be present except? a. The loss must be measurable. b. The loss must be accidental from the insured’s point of view. c. The loss cannot be catastrophic to the insured. d. The loss must be from a covered exposure
Chapter10: Managing Property And Liability Risk
Section10.1: Risk And Risk Management
Problem 4CC
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In order to have an insurable risk, all of the following must be present except?
a. The loss must be measurable.
b. The loss must be accidental from the insured’s point of view.
c. The loss cannot be catastrophic to the insured.
d. The loss must be from a covered exposure.
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