What is the purpose of transportation insurance
Insurance is a common method of risk transfer. Rather than setting aside a large pool of money to self-insure against these possible problems, most transportation companies purchase coverage from insurance companies. They are using the strategy of risk transfer as the means to place financial liability on the insurance company should the risk occur.
Business
You might also like to view...
All cultures around the world interpret facial expressions the same way
Indicate whether the statement is true or false.
Business
The order in which applicants are interviewed may affect their rating, a phenomenon which needs to be guarded against
Indicate whether the statement is true or false.
Business