menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Finance Study Set 2
  4. Exam
    Exam 10: Managing Property and Liability Risk
  5. Question
    In Order for a Potential Loss to Be Insurable It
Solved

In Order for a Potential Loss to Be Insurable It

Question 195

Question 195

Multiple Choice

In order for a potential loss to be insurable it must be


A) fortuitous and financial.
B) indemnifiable.
C) catastrophic.
D) expected.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q190: Risk avoidance is always a practical way

Q191: The homeowner's policy written for condominium owners

Q192: For most personal property,replacement cost will be

Q193: Most insurance underwriting is done by the

Q194: One is more likely to need to

Q196: Dana Garcia has a renter's policy with

Q197: A provision of an insurance policy that

Q198: The maximum possible loss that can occur

Q199: Robert and Louisa have identified the following

Q200: Deductibles are requirements that the insured pay

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines