One way to transfer risk is through insurance.

Name: One way to transfer risk is through insurance.
Brand: Quizplus
Rating: 4.8 (38 reviews)

Question

Quizplus · Accepted Answer

Insurance is a common way to transfer risk from an individual or organization to an insurance company. By paying a premium, the insured party can receive financial protection against potential losses or damages. The insurance company agrees to take on the risk and pay out claims if necessary, in exchange for the premium payments.

One Way to Transfer Risk Is Through Insurance