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Subjects
Class 11Home ScienceWork, Livelihood and CareerWork, careers and livelihoodHardLevel 4

Why is it incomplete to treat insurance only as an expense in livelihood?

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Answer and explanation

Correct answer: It can give financial protection during risk

Insurance can be a means of protection in difficult times. In exams connect insurance with risk management.

Tags

insurancerisk-managementlivelihood

Frequently asked questions

What is the correct answer to this question?

It can give financial protection during risk

Why is this the correct answer?

Insurance can be a means of protection in difficult times. In exams connect insurance with risk management.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Work, careers and livelihood.

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