View Full Version : underwriting loss exposures
07-30-2011, 09:43 PM
In the quiz questions on underwriting in chapter 9, often times a question comes up regarding whether a certain risk is desirable or not. Seems kinda subjective, or at least hard to quantify. How are we supposed to know if a risk is undesirable vs highly undesirable?
08-09-2011, 10:13 AM
lol, i was thinking the same thing. i guess they would have the make the question so obvious that it is either highly desirable, or highly undesirable
08-09-2011, 10:35 AM
Is it insurable?
For some reason, I want to invoke FLAPID for the question posed.
(Search old Exam 5 forum for "FLAPID" since I don't recall all of the elements of an insurable risk right off.)
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