Question

Insurance is a financial service that allows a:________
a. consumer to transfer all risk to a company.
b. company to control finances for a consumer.
c. consumer to share liability with a company.
d. company to maximize risk for a consumer.

Answer 1

Answer: Consumer share risk with company.

Explanation:

Insurance involves the sharing of risk between a client and his insurer. In insurance the insurer takes a large portion of the risk while the client covers the rest of risk payment.

Answer 2

Answer:

d

Explanation:

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