Which of the Following Is a Characteristic of Insurance

question 9

Multiple Choice

Which of the following is a characteristic of insurance?

• A)pooling of losses
• B)avoidance of risk
• C)payment of intentional losses
• D)certainty about specific losses that will occur

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Definitions:

Stress

The body's response to any demand or challenge, which can stem from both positive and negative aspects of life and work.

Coping Behaviour

The methods or strategies that individuals use to manage or mitigate stressful or challenging situations.

Stress

A physical or psychological strain or tension resulting from adverse or demanding circumstances.

Coping Behaviours

Actions taken by individuals to manage stress or adversity in their lives.