Insurance Company Criteria...
Losses are not under control of the insured. The insured hazard is geographically widespread. The probability of loss is predictable. Losses are measureable. The policy holder has an insurable interest. _______________________________________
The insured hazard is geographically widespread.
The probability of loss is predictable.
Losses are measureable.
The policy holder has an insurable interest. _______________________________________
Losses that can be insured