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4. A. Explain when we have Insurance, why do we need Non-Insurance Transfer of Risk, (Why don't we just take insurance for all types of

4. A. Explain when we have Insurance, why do we need Non-Insurance Transfer of Risk, (Why don't we just take insurance for all types of risk)? 2 Marks B. Explain what are Hold Harmless Agreements with an example? 2 Marks

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