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Special risks

Module check: certain spend against uncertain reimbursement

Five questions to take right after the module. They cover the asymmetry that produces paralysis rather than ignorance of the rule, what the insurer deducts instead of declining, prior consent where urgency makes it impossible, wages that are not mitigation costs, and a chronology that serves twice.

5 questions · 7 min · Intermediate

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An insured hesitates to mothball a plant because nobody can say whether cover will respond. What produces that hesitation?

Revision

Every question, its answer and the reasoning

Every answer and its explanation appears here once you have finished the path. Each one then links to the matching glossary entry, where the concept is set out in full with its worked example.