Question

Roger always purchased insurance for the 10 years he owned an expensive speedboat. Since he never had an accident, the premiums he paid were
 A. beneficial because Roger was protected from financial loss
B. fruitless because Roger received nothing in return
C. unnecessary because Roger values long term security
D. wasted because Roger preferred protection to present cash
I need help on this one!

Answer 1

The answer base on the given scenario would be letter a, Roger would gain benefits as he was protected from a financial loss as this insurance covers him financially as the insurance of which premiums he has paid and were to gain would only make him the person of having to have the benefit as he is the one who has the insurance covered for him, which is entitled to his name and that the benefits and offers would be his gain.