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Principles of Risk Management and Insurance 13th Edition by George Rejda,Michael McNamara
Edition 13ISBN: 978-0134082578Principles of Risk Management and Insurance 13th Edition by George Rejda,Michael McNamara
Edition 13ISBN: 978-0134082578 Exercise 3
Buildings in flood zones are difficult to insure by private insurers because the ideal requirements of an insurable risk are difficult to meet.
a. Identify the ideal requirements of an insurable risk.
b. Which of the requirements of an insurable risk are not met by the flood peril?
a. Identify the ideal requirements of an insurable risk.
b. Which of the requirements of an insurable risk are not met by the flood peril?
Explanation
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a.If a risk meets the ideal criteria of ...
Principles of Risk Management and Insurance 13th Edition by George Rejda,Michael McNamara
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