menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Financial Planning Study Set 1
  4. Exam
    Exam 8: Insuring Your Life
  5. Question
    The Basic Purpose of All Insurance Is to
Solved

The Basic Purpose of All Insurance Is to

Question 126

Question 126

Multiple Choice

The basic purpose of all insurance is to


A) protect your health.
B) protect you from losses.
C) supplement your income.
D) shield you from bad decisions.
E) do none of these.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q121: Level premium term policies have become much

Q122: Key features found in most life insurance

Q123: Which of the following companies does not

Q124: With most insurers,paying life insurance premiums on

Q125: Choose the word or phrase in [

Q127: Choose the word or phrase in [

Q128: Nearly all life insurance policies have a

Q129: _ can be both an advantage and

Q130: Marco is 45 years old and earns

Q131: Because premiums get higher as you age,it

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines