An Insurable Risk Must Satisfy All of the Following Criteria

question 214

Multiple Choice

An insurable risk must satisfy all of the following criteria except

• A) predictability.
• B) verifiability.
• C) unconnectedness.
• D) casualty.
• E) quantifiability.

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Definitions:

Driveshaft

A mechanical component used to transmit torque and rotation from the vehicle's engine to the wheels, typically found in rear-wheel and four-wheel drive vehicles.

Transmission

The system in a vehicle that transmits mechanical power from the engine to the drive axle, regulating speed and torque.

Gear Ratios

The ratios of the gear teeth counts between interconnected gears in a transmission, determining how much torque is applied.

Highway

A main road, especially one connecting major towns or cities, designed for faster traffic.