Buildings in flood zones are difficult to insure by private insurers because the ideal requirements of an
Question:
a. Identify the ideal requirements of an insurable risk.
b. Which of the requirements of an insurable risk are not met by the flood peril?
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a Ideal requirements of an insurable risk Large number of e...View the full answer
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Related Book For 
Principles of Risk Management and Insurance
ISBN: 978-0132992916
12th edition
Authors: George E. Rejda, Michael McNamara
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