Vidyalelo
Commerce · Q612

Insurance

Graduate and Post Graduate · Commerce · question 612

Q612

Which is correct

A.
By transferring risks to an insurer one can be careless about one’s assets
B.
If there is a loss it can lead to payment of money by the insurer
C.
Potential loss to assets can be ignored
D.
If assets are insured the owner of such assets can have comfort of peace of mind and look after his business without worries
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
If assets are insured the owner of such assets can have comfort of peace of mind and look after his business without worries.