multiple choice\nfor insurance purposes, similar objects which are exposed to the same group of perils are…

multiple choice\nfor insurance purposes, similar objects which are exposed to the same group of perils are referred to as\na. o homogenous perils\nb. o similar exposure units\nc. o common hazards\nd. o homogeneous exposure units\nsubmit

multiple choice\nfor insurance purposes, similar objects which are exposed to the same group of perils are referred to as\na. o homogenous perils\nb. o similar exposure units\nc. o common hazards\nd. o homogeneous exposure units\nsubmit

Answer

Brief Explanations:

In insurance, homogeneous exposure units are similar objects exposed to the same group of perils. Homogenous perils refer to the perils themselves, not the objects. Similar exposure units is not the correct technical term. Common hazards are different from the described concept related to objects.

Answer:

D. Homogeneous exposure units