blithestream blithestream

13-05-2024
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1.What are TWO significant benefits of purchasing insurance.
Think about the question carefully. Then enter the answer in the box below

Answer :

GinnyAnswer GinnyAnswer

13-05-2024

Final answer:

Insurance provides financial protection and peace of mind to individuals or businesses.

Explanation:

Two significant benefits of purchasing insurance:

Financial Protection: Insurance provides financial protection against unexpected events such as accidents, illnesses, or natural disasters. It helps individuals or businesses mitigate the financial burden of these incidents.
Peace of Mind: Insurance offers peace of mind by reducing worries about potential risks. Knowing that one is protected by insurance can alleviate stress and allow for better planning for the future.

Learn more about Benefits of purchasing insurance here:

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