If you choose to insure your home or your vehicle, you are using
A) Risk avoidance.
B) Risk reduction.
C) Risk assumption.
D) Risk shifting.
E) Risk increasing.
Correct Answer:
Verified
Q47: An individual who purchases an insurance policy
Q48: An insurance company will
A) Insure speculative and
Q49: What is the fee that a policyholder
Q50: The main goal when setting insurance goals
Q51: The most common risks are
A) Personal risks.
B)
Q53: Which of the following questions should one
Q54: Anything that may possibly cause a loss
Q55: An insurance company is a _ business
Q56: The failure to take ordinary or reasonable
Q57: Barbara left a skateboard on her front
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