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Having the right amount and type of insurance protection is a benefit to society. Which of the following statements is true regarding the benefits of

Having the right amount and type of insurance protection is a benefit to society. Which of the following statements is true regarding the benefits of insurance?
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Insurance requires individuals to have a substantial emergency fund to pay for losses.
The existence of insurance promotes risky behaviors.
Availability of insurance helps to bring greater access to goods and services.
Private insurance companies require government subsidies and tax breaks.

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