Accepting and Transferring Security Risk

Why would making the decision to completely accept or transfer the risk posed by security incidents (such as through cyber liability insurance) not be an ideal or feasible long-term solution?

Refer to course readings/videos and/or outside resources to support your answer, using APA format.

Video:
https://uhdmediasite.uhd.edu/Mediasite/Play/1c274eec9e764072bbee1bc8006bad901d