CompTIA
SY0-701 · Question #870
A company decides to purchase an insurance policy. Which of the following risk management strategies is this company implementing?
The correct answer is D. Transfer. Purchasing an insurance policy is a risk transfer strategy, as the financial impact of a risk is shifted from the company to the insurance provider.
Submitted by chiamaka_o· Mar 6, 2026Security program management and oversight
Question
A company decides to purchase an insurance policy. Which of the following risk management strategies is this company implementing?
Options
- AMitigate
- BAccept
- CAvoid
- DTransfer
How the community answered
(28 responses)- B4% (1)
- C4% (1)
- D93% (26)
Explanation
Purchasing an insurance policy is a risk transfer strategy, as the financial impact of a risk is shifted from the company to the insurance provider.
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