Pick a pure risk (except fire). Discuss how close to an ideally insurable risk is your choice. Make sure you mention each of the requirements for an ideally insurable risk.

2. Discuss how adverse selection could impact the insurability of that risk.

3. Add a section on how insuring that risk is not gambling.

4. Conclude your paper.

You will be graded on your use of the vocabulary in this course and your content. So, use words found in your text in the paper for the strongest grade. Place the paper in this Dropbox