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Which of the following statement is correct regarding insurance?

AYou can be insured for many types of risk.
BAn insurance premium, for most people , is a large and unknown loss.
CYou cannot insure yourself against storm damage losses.
DThere are few types of insurance

Verified Answer :

hiimruma

OK so basically the best choice will be A because with insurance  there are different ones for different things like lets say flood insurance or house and car damage they are all different insurances So the best choice will be A because there are different insurances for different risks.

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