Description: Identify a specific risk that could be offered by insurance companies operating in the...

70.2K

Verified Solution

Question

Finance

Description:

Identify a specific risk that could be offered by insurance companies operating in the Kingdom of Bahrain. Assess the viability of this risk being offered based on the 6 requirements:

(Game screen insurance)

** Answer each part with at least 50 words in each part

Large number of exposure units (0.5 points)

Accidental and unintentional loss (0.5 points)

Determinable and measurable loss (0.5 points)

No catastrophic loss (0.5 points)

Calculable chance of loss (0.5 points)

Economically feasible premium (0.5 points)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students