Mateo and Maya have decided to take out an umbrella policy from an insurance company. The main reason they would probably want to do this would be to
A) protect against major disasters, which are known as "rainy days."
B) ensure that any children they have will be guaranteed the right to buy insurance at some future date.
C) save money by having one company provide a variety of different types of coverage.
D) take out one life insurance policy that covers both of them.

Question

Quizplus · Accepted Answer

Under an umbrella policy, one insurance company provides a variety of different types of insurance, such as homeowner's, auto, and health coverage. This may be attractive because companies often provide substantial discounts for this type of policy arrangement.

Mateo and Maya Have Decided to Take Out an Umbrella