In general, why do individuals purchase insurance coverage rather than just putting money aside into a savings account in case of emergency?

asked May 15, 2021 185k views

4 votes

In general, why do individuals purchase insurance coverage rather than

just putting money aside into a savings account in case of emergency?

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4 votes

Answer:

you dont know if u would have enough for whatever emergency it is

Step-by-step explanation:

Cboden answered May 18, 2021

8.6k points

7 votes

Answer:

That insurance can pay off some debt, for example, for you.

MSalters answered May 21, 2021

8.3k points

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