Why does insurance often provide "peace of mind"?

Answers

Answer 1

Answer:

Insurance often provides "peace of mind" because it offers financial protection against unexpected and potentially significant losses.

By purchasing insurance, individuals and businesses transfer the risk of certain events, such as accidents, illnesses, property damage, or liability, to an insurance company. In the event of a covered loss, the insurance company provides compensation or assistance, alleviating the financial burden that the policyholder would otherwise bear alone.

Having insurance coverage helps individuals feel more secure and less anxious about the potential financial consequences of unforeseen events, knowing that they have a safety net in place to protect their assets and well-being.

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Answer 2

Answer:

Answer:

people are less worried when they know that they have protection from risk

Explanation:

you trust that your lost will be covered

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NEED HELP ASAP 12POINTS

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Answer:

Explanation:

this is not helpfull but i have noo idea what so ever

How can you argue that imperialism was more important than alliances and militarism as the underlying cause of World War I?

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At the end of World War I, President Wilson offended members of the United States Senate by travelling to Europe and opposing the League of Nations as well as opposing the views of Henry Cabot Lodge, thereby excluding them from the peace process. President Wilson was the President of the United States during the first world war. He tried to keep the USA out of the war but ultimately had to join the Allies against Germany in 1917. He also help broker a peace treaty with the USA joining the League of Nations. The US Congress vetoed this idea.

Researchers assess the correlation between scores obtained on alternate forms of the same test in order to measure the ________ of the test.A) content validityB) predictive validityC) normal distributionD) standardizationE) reliability

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Answer:

E) Reliability

Explanation:

Researchers assess the correlation between scores obtained on alternate forms of the same test in order to measure the Reliability.

What is the last step in the composite risk management (CRM) process?

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Answer:

Explanation:

CRM is Composite Risk Management process. It is basically designed to help the person in the process of making the decision. The last step in risk management process includes the supervision and evaluation. Evaluation includes the effectiveness of the controls use in the prevention of risk and adjusting the updates if necessary.

Supervise and evaluate is the last step in the risk management process. It's important to include time for evaluation of your efforts, and to see what you could have done better or what things you and your team did well.

__________ says traditional theories are based on the assumption that there is a wall of separation between private and public life and that only public life is the proper concern of political theory.

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Answer:

Okin

Explanation:

Okin says traditional theories are based on the assumption that there is a wall of separation between private and public life and that only public life is the proper concern of political theory. But women have largely been relegated to the private sphere, where issues of rights and equality are not supposed to apply. Consequently women have been left out of traditional theories of justice, an omission that ensured women would not be treated as the moral equals of men.

Martha paid $42.40 for her sisters birthday present. This included 6% sales tax. What was the cost of the gift before tax?

Answers

Answer: The exact answer is: $ 39,856 approaching: $ 40.00

Explanation:

First, the value of the sales tax corresponding to 6% is determined: $ 42.4 x 0.06 = $ 2,544

Now subtract $ 2,544 from the total value of the purchase

$ 42.4 - $ 2,544 = $ 39,856 approx. $ 40.00 this is the value of the pre-tax gift

It's $40.00

1.06x=42.20
x=42.40/1.06
x=40.00

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