Question

Explain the requirements
the requirements of
of a insurable
risk? - 4 Marks​

Answer 1

Explanation:

loss must be definite in time and amount. loss must be fortuitous. An insured cannot cause the loss to happen; it must be due to chance. must not be an exposure to catastrophic loss; risks must be spread over a large geographical area to prevent their concentration

Answer 2

Explanation:

idk lol I'm just toooo bad lmaooo