asked 194k views
5 votes
List the conditions that must exist in order for a risk to be insurable

1 Answer

1 vote

Answer:

Large numbers of exposure units.

Define and measurable loss.

Determinable probability distribution.

Calculable chance of loss.

Fortuitous loss.

Non-catastrophic loss.

Premium should be economically feasible.

Step-by-step explanation:

btw this is from iEduNote.com

answered
User Gcbound
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