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Which risk can insurance reduce for an artisan in handicrafts?

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Answer and explanation

Correct answer: Financial shock from fire, theft, accident or stock damage

Insurance does not remove risk but can support during loss. Exam tip: write insurance as a safety net.

Related tags

Home-ScienceInsuranceRisk-ManagementArtisan-Security

Frequently asked questions

What is the correct answer to this question?

Financial shock from fire, theft, accident or stock damage

Why is this the correct answer?

Insurance does not remove risk but can support during loss. Exam tip: write insurance as a safety net.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Handicrafts.

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