what are insurable risk
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Definition: A risk that conforms to the norms and specifications of the insurance policy in such a way that the criterion for insurance is fulfilled is called insurable risk. A risk may not be termed as insurable if it is immeasurable, very large, certain or not definable. ...
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A risk that conforms to the norms and specifications of the insurance policy in such a way that the criterion for insurance is fulfilled is called insurable risk
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