4
QuizMultiple Choice

Insurance and Risk — Test

Question 4 • Personal Finance

Which factors influence insurance needs? Select two.

Answer
A
Hobbies
B
Income
C
Dependents
D
Social media

Explanation

Insurance needs are shaped by the financial responsibilities a person must protect. Income affects how much coverage may be needed to replace earnings, and dependents may rely on that income for support. Hobbies and social media do not generally determine a person’s insurance needs.

AI-written and checked against the verified answer.

Previous
Next