Answer:
procedural controls
Step-by-step explanation:
Insurance can be defined as a means through which an individual or organization gets protected from financial losses, damages, death or illness after paying a premium.
Generally, insurance companies across the globe charge millions of their customers (insured) premiums every year. This gives them the privilege of having a pool of cash which can be used to cover the cost of losses and destruction to the asset of a small fraction or percentage of its customers.
This simply means that, since insurance companies collect premium from all of their customers for losses which may or may not occur, so they can easily use this cash to compensate or indemnify for losses incurred by those having high risk.
Procedural controls can be defined as a set of steps taken in order to ensure that the information provided are true.
Hence, insurance, background checks, and security plans are all categories of procedural controls.