Insurance premiums are lower for people who take actions to reduce the likelihood and/or financial cost of losses and for those who buy policies with larger deductibles or copayments.
Standard detail
MR.4
Depth 1Parent ID: 8FC0A0FDB3254E7FA51807D9C489789CStandard set: 12th Grade
Original statement
Quick facts
- Statement code
- MR.4
- List ID
- 4
- Standard ID
- 3A9E7AEAA24E47B99B5ECBC38F1A8243
- Subject
- Personal Financial Education (2021)
- Grades
- 12
- Ancestor IDs
- 8FC0A0FDB3254E7FA51807D9C489789C
- Source document
- National Standards for Personal Financial Education
- License
- CC BY 4.0 US