Sadly, during a war many civilians watch everything they have destroyed. Insurance companies will view this type of loss as:
A) an insurable risk.
B) an uninsurable risk.
C) a demonstration of the law of large numbers.
D) a rule of indemnity.

Question

Quizplus · Accepted Answer

War and its consequences are considered an uninsurable risk by insurance companies as it is impossible to predict or quantify the extent of damage that may occur. The likelihood of destruction during war is too great and would result in unsustainable losses for insurance companies, which is why it is commonly excluded from insurance policies.

Sadly, During a War Many Civilians Watch Everything They Have