What is Insurance Quiz

What is Insurance Quiz

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Question 1 of 2

1. Question
How does insurance provide financial protection and stability related to a person’s risk?
- It transfers the risk to the insured.
- It transfers the risk to the insurer.
- It eliminates the risk altogether.
- It minimizes the risk.
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Question 2 of 2

2. Question
If an insured event occurs, what can the insured expect?
- To be put in a better financial position.
- To be put in a worse financial position.
- To be put back in the same financial position.
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