Which of the following is NOT a method of handling risk?

The concept of handling risk encompasses various strategies that individuals or organizations can employ to manage potential losses. Each method aims to reduce exposure to loss in different ways.

"Insure it" specifically refers to the act of purchasing insurance to protect against potential financial losses that may occur due to unforeseen events. This is a common method used to transfer the financial burden of risk to an insurance company.

In contrast, the other options represent distinct strategies for dealing with risk. "Share it" involves distributing the risk among various parties, such as in joint ventures or partnerships. "Avoid it" means taking proactive steps to eliminate the risk altogether, often by choosing not to engage in certain activities. "Transfer it" refers to shifting the risk to another party, commonly through contracts or outsourcing certain liabilities.

Since "insure it" is indeed a well-defined method of handling risk, and the question specifically asks for the option that does not align with this definition, identifying it as the correct answer illustrates a misunderstanding of the fundamental methods of risk management. The appropriate choice would focus on methods that do not fit within the conventional framework of risk handling.