marcomemo44 marcomemo44

23-06-2024
Business

Answered

Select the correct answer.

Which of the following statements is true about insurance?

A. Higher deductible plans usually carry lower premium costs.
B. Life insurance costs are the same for each individual living in a certain area.
C. A person with a few accidents on their driving record will typically pay less for car insurance.
D. Co-pays are the monthly payments you make to the insurance company.

Answer :

GinnyAnswer GinnyAnswer

23-06-2024

Final answer:

Insurance terms like deductibles, co-payments, and premiums help individuals understand their coverage options and costs.

Explanation:

Deductibles, co-payments, and premiums are key terms in insurance policies. Deductibles are the amount the insured must pay before the insurer covers the rest. Co-payments are the fixed amount the insured pays for specific services, and premiums are regular payments for coverage.

Learn more about Insurance terms here:

https://brainly.com/question/39275792

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