When you purchase insurance, what are you doing? A. Transferring the risk of a loss. B. Avoiding the risk of a loss C. Retaining the risk of a loss. D. Reducing the risk of a loss.

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When you purchase insurance, you are: Transferring the risk of a loss.

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Asked 11/18/2011 11:27:47 AM

Updated 8/17/2014 6:36:45 AM

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Edited by jeifunk [8/17/2014 6:36:44 AM], Confirmed by jeifunk [8/17/2014 6:36:45 AM]

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