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16 May, 05:51

Something people buy to protect themselves from losing a lot of money in the event something happens to them or their property is known as ...

-insurance

-liability

-risk management

-warranty

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Answers (2)
  1. 16 May, 06:29
    0
    Insurance

    Step-by-step explanation:

    That's the exact definition of insurance

    - Liability is being responsible for something

    - Warranty is the guaranty of performance of an item

    - Risk management is the "forecast" of financial impact of events
  2. 16 May, 06:38
    0
    Answer:Insurance

    Step-by-step explanation:

    if they have insurance and it breaks they could fix it for free.
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