Which of the following types of risks best meets the requirements for being insurable by private insurers?
A)most market risks
B)property risks
C)financial risks
D)political risks

Question

Quizplus · Accepted Answer

Property risks, such as damages from fire or theft, are typically considered insurable by private insurers because they meet the criteria of being measurable, accidental, and having a large pool of potential policyholders. Market, financial, and political risks are less likely to be insurable due to their unpredictable nature and lack of standardized measures.

Which of the Following Types of Risks Best Meets the Requirements