Al Raghy Company installed smoke detectors, a sprinkler system, and fire extinguishers in its new manufacturing facility

Question

Question: Al Raghy Company installed smoke detectors, a sprinkler system, and fire extinguishers in its new manufacturing facility. These devices are all examples of

Options:

1.  Loss control
2.  Noninsurance transfer
3.  Risk avoidance
4.  Risk retention

Answer 1

1. Loss control

Al Raghy Company installed smoke detectors, a sprinkler system, and fire extinguishers in its new manufacturing facility. These devices are all examples of Loss control.