The correct answer is B.
An ensurance is a guarantee of compensation provided by a company with a previous arrangement.
Paying an ensurance is in some cases very expensive, so, if we think of the probability of not needing it, we realize that we can avoid paying it and we can save a lot of money. Of course, even the fact that it may not be needed, it is a risk to avoid it and later on needing it.
In some cases, it is safe to avoid insurance because it may not be needed.
Insurance is a method of protecting oneself against financial loss. It is a type of risk management that is largely used to mitigate the risk of a contingency or unpredictable loss.
Insurance is an agreement, symbolized by a policy, whereby an individual or organization receives financial coverage or payment from an insurance firm in the event of a loss.
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