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In Business / College | 2025-07-06

Select the correct answer.
Which of the following statements is true about insurance?

A. Co-pays are the monthly payments you make to the insurance company.
B. A person with a few accidents on their driving record will typically pay less for car insurance than someone with no accidents.
C. Higher deductible plans usually carry lower premium costs.
D. Life insurance costs are the same for each individual living in a certain area.

Asked by jasonporten02

Answer (2)

The correct statement about insurance is that higher deductible plans usually carry lower premium costs. Options regarding co-pays, driving records, and life insurance costs are all incorrect. Thus, option C is true.
;

Answered by Anonymous | 2025-07-06

The correct statement about insurance is that higher deductible plans usually come with lower premium costs. Other options provided contain inaccuracies regarding co-pays, driving records, and life insurance costs. Hence, option C is true based on common insurance practices. ;

Answered by GinnyAnswer | 2025-07-06

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