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4 May, 20:01

What is the term for protection that guarantees payment to you in the event of financial loss?

A.

claim

B. insurance

c. premium

+4
Answers (2)
  1. 4 May, 21:03
    0
    It is B. insurance

    Step-by-step explanation:

    A claim is what you "make" in order to get money from a sort of "sue" or a charge you've pressed.

    Insurance is the "guarantee" that, * depends from policy to policy * in certain events, if certain situations occur, you'll be covered.

    A premium is simply an amount to be paid for a contract of insurance
  2. 4 May, 23:06
    0
    Insurance

    Step-by-step explanation:

    A term for protection that guarantees payment to you in the event of financial loss is indeed called Insurance
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