When deciding whether or not to purchase insurance for an event, it is important to know:
A)how easily you can reduce the risk of experiencing the event.
B)how many others will likely be affected by the event.
C)how catastrophic the event would be.
D)when the event is most likely to occur.

Question

Quizplus · Accepted Answer

The severity of the event is a key factor in determining whether or not to purchase insurance.

When Deciding Whether or Not to Purchase Insurance for an Event