IIQE (HK) Practice Questions - Insurance Intermediaries Qualifying Examination (Paper 1 & Paper 2) Exam

Which of the following is generally NOT one of the characteristics that make a risk insurable?

The loss must be fortuitous (accidental) There must be a large number of similar exposures The loss must be certain to happen at a known time The financial value of the loss must be measurable

Correct Answer:

The loss must be certain to happen at a known time

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