2. What are the features of a peril?
(A)Peril does not preserve assets against loss.
(B)A peril cannot be avoided through insurance
(C)A peril may not always cause loss or damage. E.G. A mild earthquake may not cause loss.
(D)All the above
Answers
Answered by
18
Answer:
Features of peril
Explanation:
Hazard in the Insurance Industry: An Overview. The words "peril' and "hazard" may seem virtually synonymous but they mean very different things in the insurance industry. A peril is a potential event or factor that can cause a loss, such as the possibility of a fire that could engulf a house.
Answered by
3
Answer:
a peril May not always cause or damage.ega a mind earthquake May not cause loss
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