Answers 2027 Ignite Financial Literacy-Personal Finance - EL3403 Principles of Financial Planning — Unit testQuestion 6

6

QuizMultiple Choice

Principles of Financial Planning — Unit test

Question 6 • 2027 Ignite Financial Literacy-Personal Finance - EL3403

What is one cost of avoiding insurance?

Answer

A

falling into debt if faced with a serious problem

B

not benefitting from insurance deductibles

C

not being able to purchase a car or home

D

facing increased probability of accidents

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