Which of the statements is correct? a. Insurance is a transfer of risk mechanism. b. Insurance gives physical protection to assets

by

Looking for the answer to the question below related to Insurance?

Which of the statements is correct? a. Insurance is a transfer of risk mechanism. b. Insurance gives physical protection to assets

 Options:

 

A. Statement A
B. Statement B
C. Both the statements
D. Neither of the statements

 

The Correct Answer Is:

  • A. Statement A

Conclusion

I hope you got the answer to your question.

Leave a Comment