Pooling of risk in insurance means that?
...Pooling of risk in insurance means that?
compensations are paid out of a common fund
two people can pool their risks to be insured
two insurance companies can buy two policies
insurance companies should encourage taking risks.
Correct answer is A
No explanation has been provided for this answer.
An opportunity to reject a binding contract at will by a third party is said to be a? ...
ln the selection of means of transport, speed is an important consideration for goods that are ...
Construction activities include the building of houses and roads as well as ...
A partner without an unlimited liability is known as a? ...
Which of the following is a disadvantage of canal transport? it is ...
Which part of the computer system does the keyboard device belong to? ...
A cheque drawn by a bank on itself is a? ...
To increase the supply of money in a country, the central bank has to? ...
Which of the following organizations look after harbours, docks and waterways in Nigeria? ...