College Of Disney Knowledge (CDK) Certificate Practice Test

Which characteristic is most important if an event is to be suitable for insurance?

The event must be deliberate The loss must be certain to occur The event should be fortuitous from the insured's viewpoint The insured must be able to profit from a claim

Correct Answer:

The event should be fortuitous from the insured's viewpoint

Explanation:

Insurance is intended for fortuitous events: losses that are accidental or uncertain from the insured's perspective, not deliberately created or inevitable.

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