Page 21 - IC38 GENERAL INSURANCE
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There are other ways to transfer risk. For example when a firm is part of a
group, the risk may be transferred to the parent group which would then
finance the losses.
Thus, insurance is only one of the methods of risk transfer.
Test Yourself 3
Which among the following is a method of risk transfer?
I. Bank FD
II. Insurance
III. Equity shares
IV. Real estate
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