Question

Insurance is a mechanism that helps reduce adverse consequences through​

Answer 1

Answer:

hiii mate..

Explanation:

insurance is a mechanism through which firms can reduce negative financial consequences of an uncertain event or possible financial loss on firms , including banks .....pooling of risk , risk transfer , and law of large numbers important features of insurance .

hope it helps you ...

Answer 2

Answer:

hiii mate..

Explanation:

insurance is a mechanism through which firms can reduce negative financial consequences of an uncertain event or possible financial loss on firms , including banks .....pooling of risk , risk transfer , and law of large numbers important features of insurance .

hope it helps you ...

Thanks!!!!!!