Question

describe various types of insurance and examine the nature of risk protecte by each type of insurance​

Answer 1

A non-insurable risk is a risk an insurance company deems too hazardous or financially impractical to take on.By not taking them on, insurers can curb losses, as non-insurable risks usually have extremely high probabilities of loss for the insurance company. A non-insurable risk is also known as an uninsurable risk