Which of the Following Benefits the Insured When Losses Are

question 12

Multiple Choice

Which of the following benefits the insured when losses are predictable and manageable?

• A)Loss avoidance
• B)Loss forecasting
• C)Loss retention
• D)Loss transfer
• E)Loss backcasting

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Definitions:

Panic Attacks

Sudden periods of intense fear or discomfort, often with physical symptoms such as palpitations, sweating, and trembling.

Low Serotonin

A condition characterized by decreased levels of the neurotransmitter serotonin in the brain, often associated with depression and anxiety.

Obsessive-Compulsive Disorder

A mental disorder marked by recurring, unwanted thoughts (obsessions) and repetitive behaviors (compulsions) perceived as necessary to relieve anxiety.

Relationship

The way in which two or more people or things are connected, or the state of being connected.