Insuring with an insurance company
Insuring with an insurance company
Insuring with the owner of the company
Risk retention
✅ The correct answer is A.
Risk transfer means insuring with an insurance company. Risk transfer is most often accomplished through an insurance policy. This is a voluntary arrangement between two parties, the insurance company and the policyholder, where the insurance company assumes strictly defined financial risks from the policyholder.
Risk transfer means insuring with an insurance company. Risk transfer is most often accomplished through an insurance policy. This is a voluntary arrangement between two parties, the insurance company and the policyholder, where the insurance company assumes strictly defined financial risks from the policyholder.