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37. What is the purpose of insurance? a. to manage risk with small costs upfront b. to cover your expenses c. to make money back d. to save for retirement

37. What is the purpose of insurance? a. to manage risk with small costs upfront b. to cover your expenses c. to make money back d. to save for retirement
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1 vote
37. What is the purpose of insurance?

a. to manage risk with small costs upfront
b. to cover your expenses
c. to make money back
d. to save for retirement

asked
User Neowizard
by
7.7k points

1 Answer

4 votes
It’s a form of risk management
answered
User Greg Treleaven
by
8.3k points
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