Which factors play a role in purchasing insurance? Check all that apply.the consumer’s age and current lifestylethe price of the premiums for a particular policythe consumer’s job and financial circumstancesthe number of employees at an insurance companythe different deals and policies that companies offerthe decision to avoid any risks associated with insurance
Answer
A
the consumer’s age and current lifestyle
B
the price of the premiums for a particular policy
C
the consumer’s job and financial circumstances
D
the number of employees at an insurance company
E
the different deals and policies that companies offer
F
the decision to avoid any risks associated with insurance
Explanation
A consumer’s age and lifestyle, job and financial circumstances, and the premiums they can afford all affect which insurance coverage makes sense. Comparing the deals and policies offered by different companies also helps guide the purchase. The insurer’s number of employees and a decision to avoid all risks associated with insurance are not typical factors in choosing a policy.
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