Why are insurance companies unwilling to provide insurance against losses arising from war or civil insurrection? Name

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Why are insurance companies unwilling to provide insurance against losses arising from war or ‘civil insurrection’? Name some other events where it would be impossible to obtain insurance.

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Essential Economics For Business

ISBN: 9781292728940

7th Edition

Authors: John Sloman, Elizabeth Jones

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Question Posted: Mar 22, 2024 01:33 PM

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Why are insurance companies unwilling to provide insurance against losses arising from war or civil insurrection? Name

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Because the risks are not independent If family A h...View the full answer

Essential Economics For Business

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