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undefined 4. Maryam would like to buy a house by borrowing from a mortgage lender. The lender required Maryam to purchase property insurance on the

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4. Maryam would like to buy a house by borrowing from a mortgage lender. The lender required Maryam to purchase property insurance on the home so that the collateral supporting the loan will be protected. This scenario illustrates which of the following benefits of insurance to society? a. Enhancement of credit b. Source of investment funds c. Incentives for loss prevention d. Indemnification 5. Which of the following is a diversifiable risk? a. Coronavirus b. Economic recession c. Earthquake d. Premature death

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