insurance companies create a pool of funds to handle \n○ risk\n○ gain\n○ loss\n○ safety
insurance companies create a pool of funds to handle \n○ risk\n○ gain\n○ loss\n○ safety
Answer
Brief Explanation:
Insurance companies pool funds to cover potential losses of policy - holders. This is a fundamental concept in insurance business. They use the premiums paid by many policy - holders to pay for the losses of those who experience an insured event.
Answer:
loss