Which of the following is not an element of an insurable risk? A. A sufficiently large number
Question:
Which of the following is not an element of an insurable risk?
A. A sufficiently large number of homogeneous exposure units.
B. Catastrophic loss.
C. A definite loss.
D. A fortuitous loss.
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The element that is not an insurable risk is B Catastrophic loss Heres why the other ...View the full answer
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Related Book For 
Essentials Of Personal Financial Planning
ISBN: 9781945498237
1st Edition
Authors: Susan M. Tillery, Thomas N. Tillery
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