Question: 9. Before deciding whether a product is insurable or not an insurance company must assess whether its possible to identify the cause, time and place

9. Before deciding whether a product is insurable or not an

9. Before deciding whether a product is insurable or not an insurance company must assess whether its possible to identify the cause, time and place of a loss. This is known as: a. Large number of exposure units. b. Calculable chance of loss. c. Economically feasible premium. d. Determinable and measure

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