Economics · Principles of Insurance
Which of the following is primarily categorized as an economic benefit or secondary consequence rather than a direct, core function of insurance?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Providing certainty of risk coverage
- 2Providing direct finance to general businesses✓
- 3Risk-sharing among the insured
- 4Providing protection against risks
Correct answer
Providing direct finance to general businesses
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