Demo INS001FL LHA PassPrep Course: Unit 1 - Basic Principles of Life & Health - Questions 1 - 20: 8. Select two (2) more of the six (6) elements of an insurable risk.

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8. Select two (2) more of the six (6) elements of an insurable risk.

Physical, Moral and Morale.

Risk Transferal.

The loss exposures to be insurable must be large, and the exposures must be randomly selected.

Risk Avoidance.