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At what point does insurance stop being beneficial for a consumer?

A. When the value of the benefits becomes greater than the cost of
the deductible

B. When the value of the benefits becomes greater than the cost of
the premiums

C. When the cost of the premiums becomes greater than the value of
the benefits

D. When the cost of the deductible becomes greater than the cost of
the premiums.

Respuesta :

Answer: C; When the cost of the premiums becomes greater than the value of the benefits

Explanation: A pex

The point when the insurance stop benefiting the consumer is when the cost of all premiums gets greater than the value of their benefits. Thus option C is correct.

What is insurance?

Insurance is a contract that is meant to represent a policy that an individual or an entity gets against the losses from the insurance company and the company pools clients' risks to make payments to e more affordable for the insurer.

Thus insurance stops beneifting th perosn whne it has greter value or cost that are greater than the beneifts.

Find out more information about the insurance :

brainly.com/question/4953989

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