Pls help ASAP After loss, the insured is required to submit a "Proof of Loss" form to the insurer. What is its purposeA) It is the receipt given to the insurer by the insured following payment of the claim in fuil.25) To provide fire and theft statistics to governmentC) it requires the insured to describe the damaged property and estimate its value.D) It protects the insurer from paying twice for the same damagedproperty. Risk may be dealt with in a number of ways including transferring it to others or retaining it intentionally. Which one (1) of thefollowing alternatives is a transfer of risk?OA) A monitored security system.OB) Self-insurance.OC) An agreement of purchase and sale.fo) Purchase of insurance.

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After loss, the insured is required to submit a "Proof of Loss" form to the insurer. What is its purpose A) It is the receipt given to the insurer by the insured following payment of the claim in full. 25) To provide fire and theft statistics to government C) it requires the insured to describe the damaged property and estimate its value. It protects the insurer from paying twice for the same damaged property. V

After loss, the insured is required to submit a "Proof of Loss" form to the insurer. What is its purpose A) It is the receipt given to the insurer by the insured following payment of the claim in full. 25) To provide fire and theft statistics to government C) it requires the insured to describe the damaged property and estimate its value. It protects the insurer from paying twice for the same damaged property. V