Under the same situation, a "pay on behalf" policy, the safeguard carrier would pay the claim and the insured (the homeowner) would not be out of pocket anything. Most modern liability assurance is written on the basis of "pay on behalf" language.

• Gamblers, by creating new risk transfer, are risk seekers

• Insurance buyers are risk avoiders, creating risk transfer in terms of their desideratum to reduce exposure Hole In One Insurance to comprehensive losses.