Multiple choice general knowledge

Identify the risk which cannot be insured?

  1. Pure Risk

  2. Fundamental Risk

  3. Speculative Risk

  4. Particular Risk
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Speculative risks involve the chance of either gain or loss (like gambling or stock investments), and these cannot be insured. Insurance only covers pure risks, which involve only the chance of loss or no loss.

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