7
AssignmentMultiple Choice

Buying Insurance

Question 7 • Personal Finance - EL3403

What do the two scenarios have in common? Check all that apply.

Answer
A
Both focus on people who behave in a risky way and cause accidents.
B
Both explain how to purchase insurance and cover the costs of premiums.
C
Both describe what happens when consumers fail to pay their premiums on time.
D
Both include a person who does not have adequate insurance and proper coverage.