Question

The company’s risk manager has estimated to incut eight insured losses og $1.000 each during the next year. Which one of these in the optical insurance policy to chocise? a. Policy A: $5000 premium/yes and 51000 deductible b. Policy B: $3300 premiumjyear and $1100 deductible c. Policy C. $2500 premiunvyear and 51300 deductable

d. Policy D: $2000 premiumiyear and $1400 deductible
e. Palicy E: 51000 premiumivear and $1500 deductible

Answer 1

Answer: Analyze the risk

How will you respond? During this step, your team will estimate the probability and fallout of each risk to decide where to focus first. Then you will determine a response plan for each risk.

Step-by-step explanation: