Insurable political risks possess each of a) through d) EXCEPT

Question

Quizplus · Accepted Answer

Insurable political risks indeed need to meet criteria such as having a large number of individuals or businesses exposed to the risk (A), the expected loss being estimable (B), and the loss being identifiable in time, place, cause, and amount (C). However, it is not necessarily true that the loss must be outside the influence of the insured (D), as political risks can sometimes be influenced by the actions of businesses or individuals. Therefore, stating that insurable political risks possess more than one of the exceptions is incorrect, making E the correct choice.

Insurable Political Risks Possess Each of A) Through D) EXCEPT