From the insured's perspective, the use of deductibles in insurance contracts is an example of
A) risk transfer.
B) risk control.
C) risk avoidance.
D) risk retention.
Answer: D
Business
You might also like to view...
Explain implied and express authorizations
What will be an ideal response?
Business
The employee and the supervisor both have important roles during the performance execution phase. Please list and explain each party's responsibilities in this phase of the performance management process
What will be an ideal response?
Business