18
QuizMultiple Choice

Managing Risk — Test

Question 18 • Personal Finance

Why is employer insurance often cheaper?

Answer
A
Free coverage
B
Unlimited coverage
C
Group pricing
D
No premiums

Explanation

Employers often arrange insurance for many workers together. Insurers can offer lower rates through this group pricing than they might charge an individual buying coverage alone. So the correct choice is C, Group pricing.

AI-written and checked against the verified answer.

Previous
Next