Avoid risk by not acquiring assets that require insurance

Assignment Help Risk Management

Reference no: EM131947094

1. Instead of purchasing insurance, you could try to avoid risk by not acquiring assets that require insurance, but you probably would not pursue this strategy because:

a. you would still be subject to the possible loss of income due to an event that makes you disabled.

b. you would still be subject to major medical expenses due to an illness.

c. it is very inconvenient.

d. All of the above are true.

2. ______________ coverage is intended to cover any liability associated with property damage that you caused.

Medical payments

Property damage liability

Bodily injury liability

None of the above.

Reference no: EM131947094

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