What are the RiskRisk Risk is a loss that occurs to the insured individual or object. Various bad possibilities could happen to someone. Criteria that Can Be InsuredInsured A person who is legally listed in the insurance policy to receive benefits from the policy. A person whose life/health is covered in accordance with an insurance agreement or contract.?
Not all risksRisk Risk is a loss that occurs to the insured individual or object. Various bad possibilities could happen to someone. can or even need to be insured. Only risks that we think cannot be covered alone need to be insured, such as the risk of illness, accident, loss, fire, and so on.
Assets that are of small value are not included in the criteria covered in insurance. In principle, the risks that are protected by an insurance company have the following criteria: