Final answer:
The EAR insurance policy stands for Enterprise All Risk. EAR insurance is a type of business insurance that covers a wide range of risks and losses a company may face.
Step-by-step explanation:
The correct answer is a. Enterprise All Risk.
Earnings at Risk (EAR) insurance is a type of business insurance that covers a wide range of risks and losses a company may face. It provides protection for the assets of a business, including buildings, equipment, inventory, and more.
For example, let's say a business experiences a fire that destroys its office building and all the contents inside. If the business has an EAR insurance policy, it can file a claim to receive financial compensation to cover the cost of rebuilding the office building and replacing the damaged equipment and inventory.