Examlex
Which of the following types of risk is diversifiable?
Disability Insurance
A type of insurance that provides financial support to individuals who cannot work due to a disability.
Expected Utility
The anticipated satisfaction or value derived from a decision, taking into account the probabilities of different outcomes.
Risk-averse
A term describing individuals or entities that prefer to avoid risk, opting for more certain outcomes even if it means potentially receiving lower returns.
Disability Insurance
A type of insurance that provides income to individuals who are unable to work due to a disability.
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