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Which of the following is NOT an element of an insurable risk?
Options
A) Loss must be due to chance
B) Loss frequency must be predictable
C) Loss must be measurable
D) Loss must be catastrophic
Answer: D) Loss must be catastrophic
The above question Which of the following is NOT an element of an insurable risk?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
