Multiple Choice QuestionRisks that are measurable, such as floods and on-the-job accidents, are said to be Blank______.Multiple choice question.risk freeinequitable risksuninsurable risksinsurable risks
Question
Multiple Choice QuestionRisks that are measurable, such as floods and on-the-job accidents, are said to be Blank______.Multiple choice question.risk freeinequitable risksuninsurable risksinsurable risks
Solution
The correct answer is "insurable risks". These are risks that are measurable and predictable to a certain extent, such as floods and on-the-job accidents. Insurance companies can calculate the probability of these events occurring and therefore, can provide insurance coverage for them.
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