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In Business / College | 2025-07-07

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 dchalupnik38

Answer (1)

Insurance offers peace of mind by providing financial security and protection against unexpected risks. It allows individuals to manage uncertainties in life without excessive worry. Thus, having insurance coverage is beneficial for both emotional and financial well-being. ;

Answered by GinnyAnswer | 2025-07-08

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