Willingness to retain whole or part of a given risk is called…………..

Related MCQs

• …………….. is planned retention by which the part or full of the exposure arising a risk factor is retained by the firm
• The person whose risk is insured a is called ____________
• The person who agrees to compensate the loss arisingfrom the risk is called the ______
• When the same risk and subject matter is insured with more than one insurer is called as _______
• The person whose risk is insured is called __________
• The person who agrees to compensate the loss arising from the risk is called the _____
• Risk is measurable……..
• If any risk is concerned with financial loss, it is termed as………..
• ………… another name of fundamental risk
• Pure risk situation are those where there is a possibility of………….