21
QuizMultiple Choice

N/A — Exam

Question 21 • Personal Finance and Economics

Insurance offers consumers

Answer
A
full reimbursement after business setbacks.
B
protection from the costs of unplanned events.
C
income to help start a new business venture.
D
a guarantee that a business will succeed.

Explanation

Insurance helps protect consumers from the financial costs of unexpected events, such as accidents, illness, or property damage. It does not guarantee business success or necessarily reimburse every loss in full. Therefore, the correct choice is protection from the costs of unplanned events.

AI-written and checked against the verified answer.

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