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shtirl [24]
3 years ago
8

When somebody buys an insurance policy, that person is seeking to transfer risk away from herself and pass it on to the insuranc

e company?
Business
1 answer:
Sonja [21]3 years ago
3 0
Exactly, when someone buys an insurance policy that person is making sure that whatever happens to him/her, there is the policy to compensate for something that will be lost. He/she is transferring the risk away and pass it on to the insurance company for safekeeping. 
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