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Social Studies, 04.12.2020 21:50 brittainpolk453

When is it typically a good economic decision to purchase a particular insurance policy?
A. When there is a very small chance that an insurance claim will
need to be made
B. When the potential benefits are more valuable than the cost of the
premiums
C. When the deductible is close to matching the cost of potential
benefits
When other insurance companies offer similar coverage for lower
premiums

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When is it typically a good economic decision to purchase a particular insurance policy?
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