Many companies self insure against some risk. Problems which can arise from self-insurance include:

Question

A. confusion of business risks with insurable risks.

B. Both1) failure to reserve funds to handle worst case scenarios (low probability events) resulting in severe financial damage to the company, and2) confusion of business risks with insurable risks.

C. stiff competition from insurance companies

D. All of the other alternatives apply.

E. failure to reserve funds to handle worst case scenarios (low probability events) resulting in severe financial damage to the company

Ahmed Hassan Shaaban · Answer

Answer:

B. Both1) failure to reserve funds to handle worst case scenarios (low probability events) resulting in severe financial damage to the company, and2) confusion of business risks with insurable risks.

DR MD ANWAR HOSSAIN · Answer

Thank you for invitation. I seem option B is good answer.

Mamoun elbaghir abdalla mhamad Eltayeb · Answer

I agree the answers ( E )

Thanks

Krishna KHASANIS PMP · Answer

I think answer is A and thanks for the invitation.

Muhammad Farooq · Answer

I think optionB is appropriate choice

Abdul Rehman · Answer

Thank you for the invitation. My answer is E

Ayoub Tartir , PMP, GWCPgM, CISA, CISSP, CAP, CSSLP, FITSP-D, CEH, CHFI, CCNA, CCNA Security, Security+, Network+ · Answer

My answer is for the option (E)

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Many companies self insure against some risk. Problems which can arise from self-insurance include:

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