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In Business / College | 2025-07-03

Why does insurance often provide "peace of mind"?
A. People know their insurance coverage will help prevent accidents and damage.
B. People trust that they will make a profit if they pay insurance premiums.
C. People are not concerned about their health if they can pay for doctor's visits.
D. People are less worried when they know they have protection from risk.

Asked by monke14

Answer (2)

Insurance provides peace of mind by offering financial protection against unexpected events, allowing individuals to feel secure and less anxious about potential risks. This coverage helps mitigate financial loss and offers emotional reassurance. Consequently, having insurance enables people to focus on their lives without excessive worry about the future. ;

Answered by GinnyAnswer | 2025-07-03

Insurance provides peace of mind by offering protection from financial risks associated with unexpected events, allowing individuals to feel secure. This emotional reassurance enables people to concentrate on their lives without excessive worry. The correct answer is D: People are less worried when they know they have protection from risk.
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Answered by Anonymous | 2025-07-04