AnswersGeneral Financial Literacy - Brinkerhoff - 2000 - 202627InsuranceQuestion 1
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QuizMultiple Choice

Insurance

Question 1 • General Financial Literacy - Brinkerhoff - 2000 - 2026/27

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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Why does insurance often provide "peace of mind"?