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Describe your financial loss exposure here: How do you plan to finance the financial impact of that loss if it occurs? Complete the chart below,

    1. Describe your financial loss exposure here:
    1. How do you plan to finance the financial impact of that loss if it occurs?
    1. Complete the chart below, explaining how this exposure does or does not meet the characteristics of an ideally insurable risk.

Requirements

Explain how the exposure meets each characteristic.

1.Large number of exposure units

2.Accidental and unintentional loss

3. Determinable and measurable loss

4. No catastrophic loss

5.Calculable chance of loss

6.Economically feasible premium

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