Why do insurance contracts exist for some-but not all risks, Risk Management

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Why do insurance contracts exist for some-but not all risks

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Q: Why do insurance contracts exist for some, but not all risks? Why do we have government programs to lessen some types of risk and what are the effects of these programs on individual behavior? Support your initial posts and response posts with scholarly sources cited in APA style.

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Risk Management: Why do insurance contracts exist for some-but not all risks

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Risk Management: Why do insurance contracts exist for some-but not all risks

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