Which is a reason a person might decide not to purchase insurance?

to have protection in case something goes wrong

to avoid paying costly premiums on a monthly basis

to be prepared for potential major changes

to avoid feeling insecure or uncertain about the future

Respuesta :

Answer:

to avoid paying costly premiums on a monthly basis

Explanation:

They may be a risky finacial situation and feel that insurance is not needed

A reason a person might decide not to purchase insurance is B. to avoid paying costly premiums on a monthly basis.

What is an insurance premium?

An insurance premium is a periodic payment that an insurance policyholder (insured) makes to the insurer for the contract of insurance.

Purchasing insurance is spurred by the need to:

  • Have protection
  • Prepare for risks
  • Avoid insecurity or uncertainty.

Thus, a reason a person might decide not to purchase insurance is B. to avoid paying costly premiums on a monthly basis.

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