Actuarial Notes

Exam DISC-RM Practice Question 35

Study guide: Exam DISC-RM

A small manufacturer with a limited insurance budget sorts its possible coverages into essential, desirable and available insurance. Which coverage belongs in the essential category?

  • A) Coverage for theft of small hand tools, which happens a few times a year
  • B) Coverage for a storage shed whose loss would be only an inconvenience
  • C) Workers compensation insurance, which state law requires it to carry
  • D) Coverage for a loss that would cause financial difficulty but not bankruptcy

No current syllabus covers this question; it is kept for the record.

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