classification-of-risk

Three Types of Risk in Insurance

It is required to know the complex classification and sub-classification of risk and also an insight on risks which can be insured and which cannot be.

7 Elements of Insurable Risk

Seven Elements of an Insurable Risk

Insurable risk has 7 elements that insurance providers looks for to measure levels of risk and levels of the premium for insurance protection of anything.

War Risk Insurance

What is War Risk Insurance

The study under the property insurance shall not be complete until discussion is made with regard to war risk insurance, since war is a peril, which substantially causes damages to properties of various descriptions.