To protect the public from personal liability and property damage
B.
To help successful litigants recover legal costs
C.
To leap assets beyond the risk of creditors
D.
To spread and shift risk
The Answer Is:
D
This question includes an explanation.
Explanation:
The basic purpose of insurance is to spread and shift risk. This is fundamental to the concept of insurance, which pools the risk of financial losses from individual members of a large group, allowing them to share the financial risks associated with potential losses spread across all members .
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