evan11073
contestada

What is the main factor that motivates people to purchase insurance?
A. They believe they will never have to pay insurance deductibles.
B. They think their premiums will cost more than their benefits.
C. They hope the money they invest in insurance will increase in value.
D. They want to avoid paying for major unexpected expenses.​

Respuesta :

Answer:

they want to avoid paying for major unexpected expenses.

Explanation:

i just got it right on my test

gauravsingh23VT

They want to avoid paying for major unexpected expenses is the main factor that motivates people to purchase insurance. Hence, option D is correct.

Why people purchase insurance?

It offers financial stability, aids in debt repayment, assists in covering living expenditures, and aids in covering any last or medical costs.

Insurance provides stability to the people from the insecurities that might come in the future, normally insurance covers all the accidental, operation, vehicles, and everything.

For instance, if my home's contents are insured and a flood results in $10,000 in damage, I will receive $10,000 to either replace or repair the damaged items.

Thus, option D is correct.

For more details about purchase insurance, click here:

https://brainly.com/question/14330004

#SPJ5

Otras preguntas