For example, say, I'm running a company and I'm willing to buy an insuarence , for what reason will I be doing this?
1)Sharing risk
2)Transferring risk
3)Assuming risk bymaking provisions
4)Taking preventive measures for probable risk
For example, say, I'm running a company and I'm willing to buy an insuarence , for what reason will I be doing this?
1)Sharing risk
2)Transferring risk
3)Assuming risk bymaking provisions
4)Taking preventive measures for probable risk