Multiple choice

Directions: Choose the correct option for the given question.

Which of the following risks is not insurable?

  1. Loss of employment

  2. Speculative risk

  3. Social risk

  4. Export risk
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Speculative risks, such as gambling or business ventures where there is a possibility of both profit and loss, are generally not insurable because they do not involve a pure risk of loss.

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