Property insurers are subject to the possibility of many claims occurring from a single event and straining their resources. This type of event is called

Insurance

Are you looking for the correct answer to the question “Property insurers are subject to the possibility of many claims occurring from a single event and straining their resources. This type of event is called”? If that’s the case, you don’t have to worry anymore. AzAnswer team is here with the right answer to your question. Please check below to know the answer.

Property insurers are subject to the possibility of many claims occurring from a single event and straining their resources. This type of event is called

Options

A. An accident.

B. An occurrence.

C. A catastrophe.

D. A simulation.

Answer: C

The above question Property insurers are subject to the possibility of many claims occurring from a single event and straining their resources. This type of event is called, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.