Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The business of insurance is related to protection of: a. Status b. Profits c. Economic value of assets d. Savings Banks and finance companies rely
The business of insurance is related to protection of:
a.
Status
b.
Profits
c.
Economic value of assets
d.
Savings
Banks and finance companies rely on insurance to make sure they can recover loans if disaster occurs. Insurance allows borrowers to guarantee _______________that their investment is protected against disasters.
a.
Creditors
b.
Investors
c.
Debtors
d.
Suppliers
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started