Match the term with its definition.
-Choosing not to engage in hazardous activities
A)actual cash value (ACV)
B)commercial general liability (CGL) insurance
C)direct loss
D)disability buyout insurance
E)disability insurance
F)indirect loss
G)loss avoidance
H)loss prevention
I)loss reduction
J)replacement value of property

Question

Quizplus · Accepted Answer

Loss avoidance refers to the act of choosing not to engage in hazardous activities or situations that could result in a loss or damage.

Match the Term with Its Definition