3 years ago

Why is there a tradeoff between a lower deductible and higher premium?

Social Studies

1 answer:

dimaraw [331]3 years ago

6 0

Answer:

Explanation:

Deductible is the amount that a person pays to the insurer for a health insurance before the insurer pays towards the policy coverage.

The lower a plan's deductible, the higher the premium. It means a lower deductible shows that an insurance company have to pay more if the person meet an accident so they make you pay for that risk.

Hence, the correct answer is "B) ."

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