Respuesta :
Answer:
to avoid paying costly premiums on a monthly basis
Explanation:
They may be a risky finacial situation and feel that insurance is not needed
A reason a person might decide not to purchase insurance is B. to avoid paying costly premiums on a monthly basis.
What is an insurance premium?
An insurance premium is a periodic payment that an insurance policyholder (insured) makes to the insurer for the contract of insurance.
Purchasing insurance is spurred by the need to:
- Have protection
- Prepare for risks
- Avoid insecurity or uncertainty.
Thus, a reason a person might decide not to purchase insurance is B. to avoid paying costly premiums on a monthly basis.
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