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1. Compare the risk of fire with the risk of war in terms of how well they meet the requirements of an ideally insurable risk
1. Compare the risk of fire with the risk of war in terms of how well they meet the requirements of an ideally insurable risk 4. Andrew owns a gun shop in a high-crime area. The store does not have a camera surveillance system. The high cost of burglary and theft insurance has substantially reduced his profits. A risk management consultant points out that several methods other than insurance can be used to handle the burglary and theft exposure. Identify and explain two woninsurance methods that could be used to deal with the burglary and theft exposure
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