Question

what is the difference between insurable risk with example​

Answer 1

Explanation:

While certain risks are insurable, certain risks are non-insurable. Simply stated, insurable risks are risks in which the insurance provider can calculate potential future losses or claims. Non-insurable risks are risks which insurance companies cannot insure because the potential losses or claims cannot be calculated.

Answer 2

Answer:

While certain risks are insurable, certain risks are non-insurable. Simply stated, insurable risks are risks in which the insurance provider can calculate potential future losses or claims. ... Non-insurable risks are risks which insurance companies cannot insure because the potential losses or claims cannot be calculated.