Question

insurance is not a method of blocking risk rather a method of sharing risk evaluate?​

Answer 1

Explanation:

As people begin to age, they usually encounter more health risks. Managing pure risk entails the process of identifying, evaluating and subjugating these risks – a defensive strategy to prepare for the unexpected. The basic methods for risk management – avoidance, retention, sharing, transferring, and loss prevention and reduction – can apply to all facets of an individual's life and can pay off in the long run. Here's a look at these five methods and how they can apply to managing health risks......