Which of the following statement is correct regarding insurance?

A. You can be insured for many types of risk.

B. An insurance premium, for most people, is a large and unknown loss.

C. You cannot insure yourself against storm damage losses.

D. There are few types of insurance

Question

Jaylyn Atkinson

History

7 March, 16:55

Which of the following statement is correct regarding insurance?

A. You can be insured for many types of risk.

B. An insurance premium, for most people, is a large and unknown loss.

C. You cannot insure yourself against storm damage losses.

D. There are few types of insurance

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Answers (1)

Know the Answer?

Heidy Hebert · Answer 1

OK so basically the best choice will be A because with insurance there are different ones for different things like lets say flood insurance or house and car damage they are all different insurances So the best choice will be A because there are different insurances for different risks.

Which of the following statement is correct regarding insurance?A. You can be insured for many types of risk.B. An insurance premium, for most people, is a large and unknown loss.C. You cannot insure yourself against storm damage losses.D. There are few types of insurance

Which of the following statement is correct regarding insurance?

A. You can be insured for many types of risk.

B. An insurance premium, for most people, is a large and unknown loss.

C. You cannot insure yourself against storm damage losses.

D. There are few types of insurance