The insurance coverage obtained by a small business is directly proportional to the cost.As the coverage increases, the cost also increases.

Name: The insurance coverage obtained by a small business is directly proportional to the cost.As the coverage increases, the cost also increases.
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Question

Quizplus · Accepted Answer

The statement is true as insurance coverage is generally calculated based on the level of risk associated with the business, therefore, as the coverage increases, so does the risk, and hence the cost.

The Insurance Coverage Obtained by a Small Business Is Directly