Question

which characteristics make a risk insurable? 1 poi it must be intentional it must be predictable and measurable it must involve potential gain it must be unavoide having diabetes will be categorized as which type of hazard 1 point moral morale physical health an agent who conducts business in a different state and where they are originally licensed in is labeled as a 1 point captive agent career agent foreign agent domestic agent

Explanation:

1. For insurable risk: Insurers rely on predictable, measurable risks to set premiums and assess exposure; intentional risks, potential gain, and unavoidable risks do not meet insurable criteria.
2. For diabetes hazard: Physical hazards are physical conditions that increase loss chance; diabetes is a physical health condition fitting this category.
3. For out-of-state agent: A foreign agent is licensed in their home state and conducts business in another state, which matches the description.

Answer:

1. it must be predictable and measurable
2. Physical
3. foreign agent