It pertains to a risk management technique when acquiring a life insurance. * risk avoidance risk retention risk transfer answer not given
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It pertains to a risk management technique when acquiring a life insurance. *
risk avoidance
risk retention
risk transfer
answer not given
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- Which of the following is not an insurance management tool? Group of answer choices deductibles. screening of applicants. limits on insurance. restrictive covenants. signalling.why has insurance delined as arisk fincaing techniquein insurance terminologies this means that a life insurance policy has been paid and active?
- The transfer the risk from an insured individual to a group to minimize the possibility of losses is a concept known as? a. Underwriting risk b. Adverse selection c. Loss risk exposure d. Risks poolingdescribing how the element of "risk" factors into the concept of insurance. cite a specific type of insurance policy and indicate how risk will play into the issuance of the insurance policy.What will making a prepayment for insurance have the effect of?
