Which among the following scenarios warrants insurance?

Which among the following scenarios warrants insurance?

A) The sole bread winner of a family might die untimely leaving the entire family to fend for itself, such a scenario warrants purchasing of life insurance.
B) A person may lose his wallet
C) Stock prices may fall drastically
D) A house may lose value due to natural wear and tear

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The Correct Answer for the given Question is optionĀ  A) The sole bread winner of a family might die untimely leaving the entire family to fend for itself, such a scenario warrants purchasing of life insurance.

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Which among the following is a secondary burden of risk?

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