nataly1925732
nataly1925732 nataly1925732
  • 04-06-2020
  • Business
contestada

How can insurance protect you from financial loss?

Respuesta :

jocelyncaban7 jocelyncaban7
  • 08-06-2020

Answer:

Answer:Insurance policies offer protection against economic loss, that is, loss or damage which can be measured in purely financial terms and compensated by money. When you buy homeowners property insurance.

Explanation:

When you buy homeowners property insurance, for example, you are insuring only the economic value of the home, i.e., the cost to repair or rebuild it.

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