Give the following types of risk:- ...

Give the following types of risk:- 1) pure risk 2) insurable risk 3) non-insurable risk
  • 1 answers
1:-pure risk-when there is only possibility of having risk or no risk is known as our risk. 2:-insurable risk-The risk that can be covered and protected by the insurance is known as insurable risk. 3:-insurable risk-The risk that can't be covered and protected by the insurance is known as non-insurable risk.

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