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Which are benefits of purchasing insurance? Check all that apply.
to gain greater confidence and security
to avoid having to reduce risky behavior
to be prepared for problems or changes
to avoid paying costly monthly premiums
to have protection if something goes wrong
to avoid receiving compensation or payouts

Respuesta :

tamarapmccutchen2004

Answer:

1. To gain greater confidence and security

3. To be prepared for problems or changes.

5. To have protection if something goes wrong.

Explanation: This is the correct answer on Edge 2020 (I just took the quiz and got it right ^-^).

chilljain33

Some benefits of getting an insurance include providing security, preparations against problems, and getting protected against mishappening, if any.

How does buying insurance benefit an individual?

There are a number of ways in which a person benefits on purchase of insurance. An insurance provides reimbursement of the losses incurred against which the insurance has been opted for.

In case of a bike insurance, the rider is protected for compensation of losses in case of an accident. Due to this, a person feels more secured while driving.

Also, insurances prepare a person mentally for the events that are contingent to take place, but will cause losses in case they take place.

Hence, options A, C and E are the benefits of an insurance.

Learn more about insurance benefits here:

https://brainly.com/question/23138043

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