Which are benefits of purchasing insurance? Check all that apply.to gain greater confidence and securityto avoid having to reduce risky behaviorto be prepared for problems or changesto avoid paying costly monthly premiumsto have protection if something goes wrongto avoid receiving compensation or payouts
Answer
A
to gain greater confidence and security
B
to avoid having to reduce risky behavior
C
to be prepared for problems or changes
D
to avoid paying costly monthly premiums
E
to have protection if something goes wrong
F
to avoid receiving compensation or payouts
Explanation
Insurance can provide greater confidence and security by reducing the financial impact of unexpected events. It helps you prepare for problems or changes and gives you protection if something goes wrong. Insurance requires paying premiums, and having coverage does not mean you should avoid reducing risky behavior or avoid receiving a payout when a covered loss occurs.
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