For any type of risk exposure to be considered an "ideally insurable risk", which of the following characteristics does not have to exist?

For any type of risk exposure to be considered an "ideally insurable risk", which of the following characteristics does not have to exist?


A) The risk has to be part of a group that has the same or very similar characteristics

B) The value of a loss must be able to be measured financially

C) the event that causes the loss has to be accidental

D) there is very little if any, chance of a loss happening during the policy period


Answer: D) there is very little if any, chance of a loss happening during the policy period


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