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  • 11-12-2020
  • Business
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insurance test the possible risk of loss in business​

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Аноним Аноним
  • 20-12-2020

Answer: In insurance terms, this is the likelihood that an event (such as death or injury) will happen. Previous. Champus. Risk refers to the “chance of loss.” ... Only pure risk is insurable. A loss is an unexpected decrease in financial value. A peril is what the insurance protects against. A hazard is anything that increases the chance of a peril or the severity of a loss, should one occur.

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