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How can insurance help you protect your personal financial risk? Conduct research and include at least two examples of types of insurance and how each can protect the things that are important to you.
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How can insurance help you protect your personal financial risk? Conduct research and include at least two examples of types of insurance and how each can protect the things that are important to you. It is okay to look to the future, for example: when you are old enough to purchase a house, how can homeowner’s insurance help protect it?

User Charlene Vas
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Answer:

By shifting the risk to the business issuing the policy, insurance lowers it. Instead of taking a chance on the possibility of a much higher loss, you pay an insurance premium. Some insurance-related decisions have already been made for you, including those that are mandated by law (such workers' compensation).

Step-by-step explanation:

User Brian Hogan
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