Risks for which it is relatively easy to get insurance and that meet certain criteria. These include being definable, accidental in nature, and part of a group of similar risks large enough to make losses predictable. The insurance company also must be able to come up with a reasonable price for the insurance.
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About this Entry
This page contains a single entry by David published on July 13, 2005 12:27 AM.
INSOLVENCY was the previous entry in this blog.
INSURANCE is the next entry in this blog.
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