Barb,who is self-employed,is the main breadwinner for her family.Barb does not have disability income insurance because she has never stopped to consider the impact of a long-term disability upon her family.Barb's treatment of the risk of disability is best described as
A)risk transfer.
B)passive retention.
C)risk avoidance.
D)active retention.

Question

Quizplus · Accepted Answer

Barb's approach to the risk of disability is best described as passive retention because she has not actively chosen to retain the risk but rather has not considered or addressed it at all. This means she is unintentionally retaining the risk by default, without taking specific actions to manage or insure against it.

Barb,who Is Self-Employed,is the Main Breadwinner for Her Family