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Discuss the risk of Coronavirus to corporations. Is it an Insurable Risk ?Use the 6 characteristics of an ideally insurance risk to explain your answer.
Discuss the risk of Coronavirus to corporations. Is it an Insurable Risk ?Use the 6 characteristics of an ideally insurance risk to explain your answer.
1. Large number of exposure units 2. Accidental and unintentional loss 3. Determine and measurable loss 4. No catastrophic loss 5. Calculable chance of loss 6. Economically feasible premium
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