Question

Which are benefits of purchasing insurance? Check all that apply.

Answer 1

Answer: 1,3,5 on Edguinity

Step-by-step explanation:

Answer 2

There are many reasons why it is important to purchase insurance. It is much easier to be approved for loans when the lender knows you are insured because it helps protect everyone involved. Insurance can also help make sure your employees can't sue you for things you aren't covered against. Insurance protects you and your assets in case of death, as well.