Question

Insurance companies willingly take on our risks for a fee. give an example of a risk that you or someone else has chosen to insure. how could you use your technology skill and microsoft excel to organize, analyze, and compare data to decide if a specific insurance is a good value for the example you gave? think about the cost and consequences of not having insurance versus the cost of the insurance over time.

Answer 1

Insurance companies voluntarily adopt our charge probability," which means that assurance companies will compensate us for all of our losses in terms of products for which they have health coverage, and that the threat for both would be equal.

What is health coverage in insurance?

Health coverage is the insurance or security of the health against the accident or any emergency in the person's life. Health insurance covers many things like heart attack, accident, paralyses, COVID-19, and other health issues.

The health company pay an amount at the time hospitalizing the person after claiming to the insurance company.

Thus, Insurance companies voluntarily adopt our charge probability.

For more details about Health coverage, click here:

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