Loss Transfer means:

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Loss Transfer means:

A) shifting the financial consequences of a loss to a third party

B) shifting the financial consequences of a loss to a self-insurance program

C) shifting the financial consequences of a loss to a well-diversified portfolio

D) shifting the financial consequences of a loss to more wealthy group of people

Answer: A

The above question Loss Transfer means:, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.