14-3 Uninsurable Risks
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Uninsurable risk
A hazard or condition that has either a high likelihood of loss, or in which the insurance would be considered against the law
Insurable risk
is a risk that meets the ideal criteria for efficient insurance
counterfeiting
made in exact imitation of something valuable or important with the intention to deceive or defraud
property rights
might arise from such things as liability, legal issues, partner problems that can force a sale, fire or theft, loss of rental income and purchasing property with an imperfect title