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Uninsurable risks in Nigeria include political instability, such as civil unrest and terrorism, which can disrupt business operations and lead to significant losses. Additionally, environmental factors like flooding and erosion, exacerbated by climate change, pose risks that insurance may not adequately cover. The prevalence of corruption and inadequate legal frameworks further complicates risk management, making certain economic activities too volatile for insurers. Lastly, health crises, such as outbreaks of diseases, can also result in uninsurable risks due to their unpredictable nature and severe societal impacts.
What else can I help you with?
Why is the distinction between insurable and uninsurable risks significant for the theory of profit?
why is the distinction between insurable and uninsurable risks is significant for the theory of profit
What are some examples of uninsurable risks?
Not being smart. Having no friends. Being a plug. Having a small wiener.
Distinctions between insurable and uninsurable risks?
If I understand your question correctly, each insurance company has a list of unacceptable vehicles and unacceptable drivers. These lists are different for each carrier.
What do you understand by the term risk assessment?
Defining the exposure to risk a company, individual, family or other group faces. This would include insurable and uninsurable risks, and would include the degree of risk and possible contributing factors.Answer:To have a careful inspection on the various factors that can bring risks.
Is risk of loss through an economic depression insurable?
no its uninsurable
What do you know about insurable risk?
uninsurable risk means insuring against something that may happened unexpectedly. uninsurable risk means insuring against something that may happened unexpectedly.
Where can you get medical coverage if you are uninsurable in Georgia?
I have several companies that don't ask health questions or care what your past is
How much did a 1948 Plymouth cost in1963?
Depends on so many factors as to be an uninsurable question.
Which country in Africa has the largest population?
The largest country in Africa by population is Nigeria with a population of 135,031,164
Where are the CNN offices in Nigeria?
Lagos, Nigeria
Am from nigeria how can you get the medicine here in nigeria?
lagos ststes nigeria
What is the richest region in Nigeria?
The richest region in Nigeria is Western Nigeria.
