Answers OK-Personal Financial Literacy S1 – EDGNTY-83861 26-27 InsuranceQuestion 7

7

QuizMultiple Choice

Insurance

Question 7 • OK-Personal Financial Literacy S1 – EDGNTY-83861 26-27

Why does insurance often provide "peace of mind"?

Answer

A

People know their insurance coverage will help prevent accidents and damage.

B

People trust that they will make a profit if they pay insurance premiums.

C

People are not concerned about their health if they can pay for doctor's visits.

D

People are less worried when they know they have protection from risk.

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