insurance is a financial service that allows a\nconsumer to transfer all risk to a company.\ncompany to…

insurance is a financial service that allows a\nconsumer to transfer all risk to a company.\ncompany to control finances for a consumer.\nconsumer to share liability with a company.\ncompany to maximize risk for a consumer.

insurance is a financial service that allows a\nconsumer to transfer all risk to a company.\ncompany to control finances for a consumer.\nconsumer to share liability with a company.\ncompany to maximize risk for a consumer.

Answer

Brief Explanations:

Insurance is a risk - sharing mechanism. A consumer pays premiums to an insurance company. In return, the company agrees to cover certain losses. So, the consumer shares liability with the company. It's not about transferring all risk (as there are deductibles and exclusions), not about the company controlling finances, and not about maximizing risk for the consumer.

Answer:

consumer to share liability with a company.