The idea of having adequate insurance is to protect against events that could reduce your income or wealth.

Name: The idea of having adequate insurance is to protect against events that could reduce your income or wealth.
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Question

Quizplus · Accepted Answer

Having adequate insurance helps protect against unforeseen events that could negatively impact your income or wealth, such as accidents, illnesses, or property damage, by providing financial compensation.

The Idea of Having Adequate Insurance Is to Protect Against