Question

24. According to the graphic, what is the

relationship between insurance
premiums and deductibles?
O
Insurance plans with higher
premiums usually have lower
deductibles.
There is usually no relationship
between insurance premiums and
deductibles.
Deductibles are usually equal to
the monthly premiums.
Insurance plans with higher
premiums usually have higher
deductibles.

Answer 1

Insurance plans with higher premiums usually have lower deductibles, while insurance plans with lower premiums usually have higher deductibles.

Step-by-step explanation:

According to the information provided, there is usually a relationship between insurance premiums and deductibles. Insurance plans with higher premiums usually have lower deductibles. This means that if you choose a plan with a higher premium, you will likely have to pay less out-of-pocket before your insurance coverage kicks in. On the other hand, insurance plans with lower premiums usually have higher deductibles, meaning you would have to pay more out-of-pocket before your insurance coverage starts.