EdensMom
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If Juliet consistently buys health insurance for twenty years but never suffers a costly illness, were her premium payments wasted? No, if the safety of being insured was worth less to her than the monetary cost of the premiums No, if the safety of being insured was worth more to her than the monetary cost of the premiums Yes, having insurance is never worth more than the monetary cost of the premiums Yes, if the safety of being insured was worth more to her than the monetary cost of the premiums

Respuesta :

The answer to the given question above would be the third option. Based on the given scenario above about Juliet, her premium payments are wasted. Yes, having insurance is never worth more than the monetary cost of the premiums. Hope this answers your question.

The correct answer is B) No, if the safety of being insured was worth more to her than the monetary cost of the premiums.

If Juliet consistently buys health insurance for twenty years but never suffers a costly illness, were her premium payments wasted?  No, if the safety of being insured was worth more to her than the monetary cost of the premiums.

The best thing in life is to be prepared if something happens. If not, well, much better. If Juliet paid for health insurance that she never used, at least he had the peace of mind to know that in the extreme case something happened, she was covered. So invested her money, she never wasted it. She wanted to be protected and has the tranquility of knowing that she had an answer in the case of an emergency. That was a smart move.