Multiple Select QuestionSelect all that applyWhich of the following are the general sources of uninsurable risks?Multiple select question.Changes in the general economic environmentNew products or production methods pioneered by rivalsChanges in executive managementChanges in strategic planningChanges in the structure of the economyChanges in government policy
Question
Multiple Select QuestionSelect all that applyWhich of the following are the general sources of uninsurable risks?Multiple select question.Changes in the general economic environmentNew products or production methods pioneered by rivalsChanges in executive managementChanges in strategic planningChanges in the structure of the economyChanges in government policy
Solution
The general sources of uninsurable risks include:
- Changes in the general economic environment
- New products or production methods pioneered by rivals
- Changes in executive management
- Changes in strategic planning
- Changes in the structure of the economy
- Changes in government policy
All of these factors can introduce risks that are difficult to predict and therefore uninsurable.
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