Q212
Which of the following is not a risk fit for insurance?
A.
Early death
B.
Early death in an accident
C.
Disability
D.
Natural wear and tear to an asset
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Natural wear and tear to an asset is not to be included in insurance. A wear and tear exclusion states that the normal, expected deterioration of the insured object will not be covered by an insurance policy.