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Author Question: Purchasing health insurance illustrates the use of which personal risk management technique? A) ... (Read 132 times)

B

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on: Jul 11, 2018
Purchasing health insurance illustrates the use of which personal risk management technique?
 
  A) avoidance
  B) risk transfer
  C) risk control
  D) risk retention

Question 2

Which of the following is least likely to occur during a hard insurance market period?
 
  A) difficulty in obtaining insurance
  B) tightening underwriting standards
  C) higher insurer profits
  D) increasing premiums


mbcrismon

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: C


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