The risks that can be forecast and measured is termed___________

The risks that can be forecast and measured is termed___________

  • A.
    Gambling
  • B.
    Insurable risks
  • C.
    Non-Insurable risks
  • D.
    Indenmity Insurance
Correct Answer: Option B
Explanation

Insurable risks are the type of risks that is possible to collect, calculate and estimate the likely future losses.

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