Answers OK-Personal Financial Literacy S1 – EDGNTY-83861 26-27 Buying InsuranceQuestion 1

1

AssignmentMultiple Choice

Buying Insurance

Question 1 • OK-Personal Financial Literacy S1 – EDGNTY-83861 26-27

Which sentence best explains the mistake Maggie made?

Answer

A

She failed to properly assess her risk of storm damage.

B

She did not always make her insurance payments on time.

C

She refused to share the risk of living in an area known for hurricanes.

D

She should have worked with a different bank to purchase her home.

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