Multiple choice

Which of the following statements is/are correct?

A. In order to be insurable, a risk must be capable of statistical estimation. B. In insurance, only economic or financial losses can be compensated.

  1. Statement A is correct.

  2. Statement B is correct.

  3. Both statements A and B are correct.

  4. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Both the given statements are correct.

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