Vidyalelo
Commerce · Q340

Insurance

Graduate and Post Graduate · Commerce · question 340

Q340

Which one of the following statements is correct?

A.
People hesitate to buy life insurance because they are not aware of their needs
B.
People hesitate to buy life insurance because they prefer to enjoy the present
C.
Both the statements are correct
Answer
D.
Both the statements are wrong

Answer: Option C

Solution

Answer: Option C
Solution:
Both the statements are correct.
People hesitate to buy life insurance because they are not aware of their needs and people hesitate to buy life insurance because they prefer to enjoy the present.