Which of the following is an example of insurable risk?

By: |Published on: Jul 21|Categories: Commerce WAEC| 0 comments

A. Change in consumer’s taste
B. The probability of a third world war
C. Flood resulting from excessive rain in a year
D. The death of a business partner
E. Loss due to change in fashion

Correct Answer:

Option D – The death of a business partner

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