insurance companies create a pool of funds to handle ________\no risk\no gain\no loss\no safety
insurance companies create a pool of funds to handle ________\no risk\no gain\no loss\no safety
Answer
Brief Explanations:
Insurance companies pool funds to spread and manage the financial impact of potential adverse events, which is related to risk - management. They use the collective premiums from policy - holders to pay for claims when they occur, thus handling risk.
Answer:
risk