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:

Verified
Correct Answer:
Verified
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