To Have an Insurable Loss,all of the Following Criteria Apply

question 86

Multiple Choice

To have an insurable loss,all of the following criteria apply except

• A)the loss should not be catastrophic for the insurance company.
• B)the loss must be accidental.
• C)the potential loss cannot be reasonably predictable.
• D)the loss should be beyond the control of the insured.

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Definitions:

Imagining

The process of creating mental images or scenarios that are not currently present to the senses, used in creativity, problem-solving, and planning.

Disinhibition

The reduction of inhibition, resulting in spontaneous behavior without consideration for societal norms or potential risks.

Inhibition

The process of restraining or suppressing a behavior, emotion, or impulse.

Fearful

Characterized by feeling afraid or anxious; experiencing fear.