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24 March, 23:39

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

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Answers (2)
  1. 25 March, 00:46
    0
    The answer is b, it protects the insured against loss
  2. 25 March, 04:30
    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.
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