Question

Question 6 of 6
Macie recently moved to an area that is known for hurricane activity. She's overwhelmed by all of the natural disaster preparation let alone the financial risks! How can a financial advisor help?
Select a response.
Develop a budget
Find investment diversification opportunities
Review risk management and insurance options
Plan for retirement

Answer 1

The most suitable response in this context would be:

**Review risk management and insurance options**

A financial advisor can help Macie assess her exposure to risks associated with hurricanes and other natural disasters, and guide her in selecting appropriate insurance policies (such as homeowners insurance, flood insurance, etc.) and risk management strategies to mitigate potential financial losses.