Which are benefits of purchasing insurance? check all that apply. to gain greater confidence and security to avoid having to reduce risky behavior to be prepared for problems or changes to avoid paying costly monthly premiums to have protection if something goes wrong to avoid receiving compensation or payouts hurry and answer

The correct answers are A) to gain greater confidence and security B) to avoid having to reduce risky behavior C) to be prepared for problems or changes, and E) to have protection if something goes wrong.

The benefits of purchasing insurance are to gain greater confidence and security to avoid having to reduce risky behavior to be prepared for problems or changes, and to have protection if something goes wrong.

One of the things to learn in life is that you have to prevent instead of fixing. It is much better to prepare for things that probably would never happen than expect it to happen and then react to see what can be done. People that work in risk management always say that the real question is not: can this thing happen? No. The real question should be: when this thing happens, am I prepared to respond properly?

That is why is very important to have insurance. You, gain confidence and security in knowing that you are protected. If nothing ever happens, well, much better. But at least you are protected just in case.

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