Choose correct answers:15) Choose the correct words to finish this sentence: When choosing your insurance plan, you typically have the option of paying a premium in exchange for coverage or a premium with less coverage.

Insurance is an arrangement in which a person transfers his risk to a company. The insurance providers assess the persons nature of risk and the probability for the accidents then they determine premium price based on the person risk. The insurance can be for health related problems, life insurance or an insurance for a car accidents.

Choose correct answers:15) Choose the correct words to finish this sentence: When choosing your insurance plan, you typically have the option of paying a ________ premium in exchange for ________ coverage or a ________ premium with less coverage.

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Choose correct answers:15) Choose the correct words to finish this sentence: When choosing your insurance plan, you typically have the option of paying a premium in exchange for coverage or a premium with less coverage.