There are several techniques available for managing risk. For each of the following risks,identify an appropriate technique, or combination of techniques, that would be appropriate for dealing with the risk.
a. A family head may die prematurely because of a heart attack.
b. An individual's home may be totally destroyed in a hurricane.
c. A new car may be severely damaged in an auto accident.
d. A negligent motorist may be ordered to pay a substantial liability judgment to someone who is injured in an auto accident.
e. A surgeon may be sued for medical malpractice.
f. An individual may be forced to declare bankruptcy because he or she cannot pay catastrophic medical bills.