To evaluate an insurance program,which question should be answered first?
A)How much coverage is adequate?
B)What kinds of risk can be covered by insurance?
C)What types of coverage should be purchased?
D)What pricing is available?

Question

Quizplus · Accepted Answer

Before deciding how much coverage or what types of coverage to purchase, it's important to first identify the risks that the insurance program should cover. This will guide the decision-making process and ensure that the insurance program adequately protects against the most significant risks. Pricing can also be considered later, once the appropriate coverage has been determined.

To Evaluate an Insurance Program,which Question Should Be Answered First