Question

Select the correct answer.

Answer 1

Answer:

C.

Step-by-step explanation:

The similarity between these types of insurance is that neither type offers benefits unless you suffer a loss. In either type of insurance you would either need to lose your life or lose a piece of property. It is then that the insurance company will pay what the insurance contract states. Until such a time that the loss is incurred, the insurance does not provide any benefit to you or your family members.