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Insurance Answers

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1
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Which statement correctly explains the relationship between risk and premium prices?

A
Prices are calculated according to a person’s risk of losing their income.
B
State governments use a person’s risk of filing a claim to determine prices.
C
Prices are generally higher for those who have a greater risk of filing a claim.
D
Customers self-assess their risk of filing a claim and then bid on prices.
2
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insurance✔ a premiuma deductible

A
insurance
B
a premium
C
a deductible
3

insurance✔ a claima premium

A
insurance
B
a claim
C
a premium
4

a premiuma deductible✔ insurance

A
a premium
B
a deductible
C
insurance

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