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why does insurance often provide peace of mind

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why does insurance often provide peace of mind

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Other related questions to my question are:

Why does insurance often provide peace of mind ?\?

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How can insurance company make a profit by taking in premiums?

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The correct answer by me is: Why does insurance often provide "peace of mind"? People know their insurance coverage will help prevent accidents and damage. People trust that they will make a profit if they pay insurance premiums. People are not concerned about their health if they can pay for doctor's visits.

The title of my answer is Insurance Flashcards | Quizlet

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