Give the following types of risk:-1) pure risk2) insurable risk3) non-

1.	Give the following types of risk:-1) pure risk2) insurable risk3) non-insurable risk
Answer» 1:-pure risk-when there is only possibility of having risk or no risk is known as our risk.2:-insurable risk-The risk that can be covered and protected by the insurance is known as insurable risk.3:-insurable risk-The risk that can\'t be covered and protected by the insurance is known as non-insurable risk.

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