Insurance protects against events that could reduce
A)your income.
B)your chances of an accident.
C)your wealth.
D)Both A and C.

Question

Quizplus · Accepted Answer

Insurance can protect both your income and your accumulated wealth. For example, disability insurance can provide income replacement if you are unable to work due to an injury or illness. Property and casualty insurance can protect your assets (such as your home and car) from damage or loss, preserving your wealth.

Insurance Protects Against Events That Could Reduce