Ask Question
20 July, 15:40

People buy insurance because

A) they don't trust banks

B) it protects the insured against loss

C) it protects the underwriter against loss

D) they have extra income to invest

+2
Answers (2)
  1. 20 July, 15:45
    0
    The answer is b, it protects the insured against loss
  2. 20 July, 16:08
    0
    B.

    For example, people buy life insurance to make sure that if you die, your family will not suffer the loss of your paycheck. But if you don't have kids or a spouse, I advise you do not get life insurance since its just extra payments.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “People buy insurance because A) they don't trust banks B) it protects the insured against loss C) it protects the underwriter against loss ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers