The danger of loss from the unforeseen circumstances in future refers to _________.

Question

Question: The danger of loss from the unforeseen circumstances in future refers to _________.

Options:

1.  Perils
2.  Hazards
3.  Damage
4.  Risk

Answer 1

4. Risk

The danger of loss from the unforeseen circumstances in future refers to Risk.

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More information:

Risk in insurance refers to the risk or likelihood of an accidental or unforeseen occurrence that could result in the loss or damage of a significant personal property or personal injury or death when insurers re-evaluate these risks, depending on the amount paid by the policyholder.