IC-38 Corporate Agent SP Practice Questions - IC-38 Corporate Agent Specified Person Exam (IRDAI III) Exam

Which of the following is generally treated as a pure risk that insurance is designed to address?

Possibility of stock-market gains or losses Possibility of loss from fire damage to a building with no chance of gain from the fire Possibility of higher sales after a marketing campaign Possibility of currency appreciation

Correct Answer:

Possibility of loss from fire damage to a building with no chance of gain from the fire

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