Multiple Choice
Why is a large number of exposure units generally required for a risk to be insurable?
A) It prevents the insurer from losing money.
B) It guarantees that losses will be unintentional and measurable.
C) It enables the insurer to better predict the frequency and severity of losses (moderate) .
D) It minimizes physical hazards.
Correct Answer:
Verified
Correct Answer:
Verified
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