Insurable Risk

by lakemen » Sat Jul 08, 2006 06:31 am
Posts: 1260
Joined: 18 May 2005

Insurable Risk

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.

Total Comments: 4

Posted: Thu Nov 22, 2007 01:49 pm Post Subject: Asisstance

Relevance of Insurance to Commercial Business

Posted: Sun Dec 02, 2007 06:09 pm Post Subject:

Lakeman, are you just throwing this definition out there to generate discussion, I am a little confused, guess I was expecting a question type comment. Should this be under definitions?

Posted: Tue Dec 25, 2007 03:08 pm Post Subject:

well mr.lakemen.................
is this a question or a comment??
are you asking or telling something?

Posted: Wed Dec 26, 2007 02:25 am Post Subject:

Another definition, tusharag87, not all posts are questions, some are just for informational purposes, there are alot of those on here. thanks Lakemen for the information.

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