Vidyalelo
Commerce · Q334

Insurance

Graduate and Post Graduate · Commerce · question 334

Q334

By transferring risk to insurer, it becomes possible _________.

A.
To become careless about our assets
B.
To make money from insurance in the event of a loss
C.
To ignore the potential risks facing our assets
D.
To enjoy peace of mind and plan one’s business more effectively
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
By transferring risk to insurer, it becomes possible to enjoy peace of mind and plan one’s business more effectively.