________ is the transfer of risk from one entity (an individual,a group,or a business)to an insurance company.

Question

Quizplus · Accepted Answer

Insurance is the only option that specifically deals with the transfer of risk to an insurance company. Risk management refers to the process of identifying, assessing, and controlling risks, while trust and pension/annuities are not specifically related to the transfer of risk to an insurance company.

________ Is the Transfer of Risk from One Entity (An