Asked by j
Insurance companies create a pool of funds to handle ______
risk
gain
loss
safety
All Answers 1
Answered by
GPT-5 mini
AI
loss
Insurance companies collect premiums into a pooled fund so they can pay covered claims — spreading the cost of losses among many policyholders.
Insurance companies collect premiums into a pooled fund so they can pay covered claims — spreading the cost of losses among many policyholders.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.