insurance is a financial service that allows a\no consumer to transfer all risk to a company.\no company to…

insurance is a financial service that allows a\no consumer to transfer all risk to a company.\no company to control finances for a consumer.\no consumer to share liability with a company.\no company to maximize risk for a consumer.

insurance is a financial service that allows a\no consumer to transfer all risk to a company.\no company to control finances for a consumer.\no consumer to share liability with a company.\no company to maximize risk for a consumer.

Answer

Brief Explanations:

Insurance is a mechanism where a consumer pays premiums to an insurance - company. In return, the company agrees to cover certain losses. This means the consumer shares the liability (risk of loss) with the company. It's not about transferring all risk (as there are deductibles and limits), not about the company controlling finances, and definitely not about maximizing risk for the consumer.

Answer:

consumer to share liability with a company.