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AssignmentMultiple Select

Buying and Selling Stock

Question 2 • FL-2102373-Personal Finance and Money Management Honors

Which factors affect insurance premiums? Select all that apply.agehealthlifestylemedicaldividendscoveragebeneficiaries

Answer
A
age
B
health
C
lifestyle
D
medical
E
dividends
F
coverage
G
beneficiaries

Explanation

Insurance premiums are affected by factors that influence the likelihood or cost of a claim. Age, health, lifestyle, and medical history can affect the risk of insuring someone, while the amount of coverage affects how much the insurer may have to pay. Dividends and beneficiaries do not typically determine the premium.

AI-written and checked against the verified answer.

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