All the following are objectives of risk management except?
A)to insure all exposures to loss
B)to make efficient before the loss arrangements for an after the loss balance between resources needed and resources required to preserve operating effectiveness
C)eliminate duplicate insurance coverage
D)develop and maintain plant safety program

Question

Quizplus · Accepted Answer

Risk management aims to reduce the potential impact of risks on the organization, not to insure all exposures to loss. Insuring all exposures to loss would also not be financially feasible for most organizations.

All the Following Are Objectives of Risk Management Except