Households and organizations should review their current insurance programs with their agent or broker each year. This is done as part of which one of the following steps in the risk management process?

Households and organizations should review their current insurance programs with their agent or broker each year. This is done as part of which one of the following steps in the risk management process?



A. Identifying loss exposures
B. Analyzing loss exposures
C.Monitoring results and revising the risk management program
D. Selecting the appropriate risk management techniques


Answer: C. Reviewing current insurance programs with an agent or broker each year is performed during Step 6:—Monitoring results and revising the risk management program.

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