Which of the following types of risks best meets the requirements for being insurable by private insurers?

Related MCQs

• __________ means insuring a risk with two or more insurers and the total sum insured also exceeds the actual value of the subject matter.
• Insurable Interest is defined by:
• In case of life insurance, insurable insurance should not exist?
• A person’s insurable interest in his own life is:
• Insurable interest means ________ interest
• In Marine Insurance, insurable interest is enough at the time of _______
• Insurable interest must be present in an ________ insurance contract at the time of contract and at the time of loss.
• All of the following are financial risks which may be faced by business organizations EXCEPT
• Which of the statement are true? A. Risk retention and risk transfer are some of the techniques to manage risks. B. Implementation is one of the steps in risk management
• ____________ is a policy in which the limits of the risks are determined by place of particular voyage.