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Explain the REASONS for choosing to use EACH

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Explain the REASONS for choosing to use EACH

 

Explain the REASONS for choosing to use EACH of following techniques for dealing with pure risks AND provide an example to illustrate how EACH technique could be employed. 2
a) Avoidance
b) Separation
c) Combination
d) Transfer (control)
e) Loss control
f) Self-insurance g Transfer (financing)

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Explain the REASONS for choosing to use EACH

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Explain the REASONS for choosing to use EACH

 

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