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Question: An Exceptionally large risk is known as ________.

Options:

  1.  Great risk
  2.  Jumbo risk
  3.  Giant risk
  4.  None

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Best answer

2. Jumbo risk

An exceptionally large risk is known as Jumbo risk.


More information:

Jumbo risk is an insurance policy with exceptionally very high risks covered by insurance policy. It is of either a large property line or a high limit of liability.

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