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Which Of The Following Is A Requirement For A Risk To Be Considered Insurable? [Solved]

An insurable risk must have the prospect of accidental loss, meaning that the loss must be the result of an unintended action and must be unexpected in its exact timing and impact.

Requirements of an Insurance risk https://bmtnwealth.in/

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Insurable Risks - How does a Risk classify as Insurable ? Characteristics & Qualifying Factors !

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Characteristics of an Ideally Insurable Risk

Example 2: