Which among the following is negated with the help of Insurance?

Q. Which among the following is negated with the help of Insurance?
Answer: Risk
Notes: Risk is negated with the help of Insurance. A transfer of risk is the main thing in insurance transactions. It is a risk management technique where risk shifts from one party to another.

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📌 Question Number: 143 in 37. Banking, Finance and Insurance Sectors in the above course in App.