Which of the following is not a condition for an insurable loss?

Question

ObjectiveMcq · Accepted Answer

Establishing a self-insurance health program that covers all employees

ObjectiveMcq · Answer

Using accurate and effective accounting and financial controls to protect the firms inventories and cash from pilfering

ObjectiveMcq · Answer

Installing burglar alarms, security guards, and even guard dogs to protect warehouses from burglary

ObjectiveMcq · Answer

Purchasing and using safety equipment, from hand guards on machinery to goggles and safety shoes for individuals