Are you having trouble answering the question “Which of the following is not a function of insurance?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.
Which of the following is not a function of insurance?
A
It is designed to be used to protect the insured from dishonest acts
B
It protects against uncertainty and reduces anxiety
C
It is the exchange of a small certain expense for a large uncertain loss
D
It transfers risk from the insured to the insurer
Answer: It is designed to be used to protect the insured from dishonest acts
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