Question

Key reasons consumers choose ed sup insurance are:

Answer 1

Consumers choose education supplement insurance for negotiated lower rates, increased coverage, and financial protection.

Step-by-step explanation:

The key reasons consumers choose education supplement insurance are:

1. Negotiated lower rates: Insurance companies have a large number of clients, allowing them to negotiate lower rates with healthcare providers and other service providers. This benefit results in lower costs for consumers and saves the insurance company money when paying out claims.
2. Increased coverage: Education supplement insurance provides additional coverage beyond what is typically provided by primary health insurance. This additional coverage can include benefits like tuition reimbursement, counseling services, and specialized treatments.
3. Financial protection: Consumers choose education supplement insurance to protect themselves financially in the event of unexpected educational expenses or healthcare costs that are not covered by their primary insurance.