Advertisements
Advertisements
Question
Choose the correct alternative :
By taking insurance, an individual
Options
Reduces the risk of an accident
Reduces the cost of an accident
Transfers the risk to someone else.
Converts the possibility of large loss to certainty of a small one.
MCQ
Solution
By taking insurance, an individual Converts the possibility of large loss to certainty of a small one.
shaalaa.com
Accident Insurance
Is there an error in this question or solution?
