Which of the following is a risk transfer method?

Insurance policies are a primary method of risk transfer because they allow individuals or organizations to transfer the financial consequences of certain risks to an insurance company. When a risk is insured, the insured party pays a premium, and in return, the insurer agrees to cover specific losses or liabilities that may arise from that risk. This transfer of risk is particularly important in arboriculture, where tree-related incidents can lead to significant liabilities, such as property damage or personal injury. By utilizing insurance, municipalities can protect themselves against unforeseen events, thus mitigating the financial impact associated with these risks.

Regular maintenance, structural assessments, and task delegation focus primarily on risk reduction or management rather than transferring the financial burden of a risk. While they play crucial roles in managing the health and safety of trees, they do not provide an avenue to financially transfer potential liabilities away from the arborist or municipality.