Are you looking for the correct answer to the question “What is known as the immediate specific event causing loss and giving rise to risk?”? 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.
What is known as the immediate specific event causing loss and giving rise to risk?
Options
A) Peril
B) Hazard
C) Loss factor
D) Liability
Answer: A) Peril
The above question What is known as the immediate specific event causing loss and giving rise to risk?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.