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    • Question

      What is accumulation hazard?

      A The potential for a single event to cause a large number of losses. Correct Answer Incorrect Answer
      B The increase in risk due to aging equipment Correct Answer Incorrect Answer
      C The impact of inflation on insurance premiums Correct Answer Incorrect Answer
      D The difficulty of accurately assessing the value of insured property Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      accumulation hazard is the potential for a single event to trigger numerous losses.

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