Which of the following is NOT a requirement for an event to be considered insurable?

For an event to be considered insurable, it must meet certain criteria that primarily revolve around unpredictability and risk management. One key requirement is that the event must be a future occurrence. This means that the event cannot have already happened, as insurance is intended to provide financial protection against potential future risks.

The requirement for the event to be accidental signifies that it should be unexpected or fortuitous. This aligns with the fundamental principle of insurance, which is to provide coverage for unforeseen events rather than those that are planned or intended.

The notion that the event may occur through the cooperation of the insured suggests a level of unpredictability. If an insured intentionally orchestrates an event, it undermines the purpose of insurance, which is to mitigate losses from unforeseen risks.

Therefore, it is clear that having the event intended by the insured contradicts the central tenet of insurance. Insurance is designed to cover risks that are outside the control or intention of the insured, ensuring that assistance is provided in times of unexpected loss, rather than for situations that were planned or orchestrated. Thus, this characteristic makes it evident why this option aligns with being NOT a requirement for an event to be deemed insurable.