With careful plannning, you can avoid all risk.

If a business transfers a risk, that means that no one assumes the risk; it is simply eliminated.

The person or company buying an insurance policy is called the insured.

The person or business for which an insurance company assumes the risk is called the

The amount a policyholder must pay for insurance coverage is a

Which of the following pays the amount of an insurance policy upon the death of the insured?

A system of insurance set up by state law that pays employees who are injured on the job is called

The exclusive right of an inventor to make, sell, and use a product or process is called a

When you  ___________________a risk, you complete a risky activity with full responsibility.

A(n)__________________  is a policyholder’s request for payment for a loss that an insurance policy covers.

If an employee works an average of _________ hours a week, the employer may have to provide health insurance.