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What is meant by Non-Insurable Risk? - Commercial Studies

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Question

What is meant by Non-Insurable Risk?

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Solution

Any risk which cannot be insured against is a non-insurable risk.

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Chapter 13: Logistics and Insurance - EXERCISES [Page 234]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 13 Logistics and Insurance
EXERCISES | Q 17. i. | Page 234
Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 13 Logistics and Insurance
QUESTION BANK | Q 11. i. | Page 237
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