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I need help for a discussion, this is the prompt. Insurance is a complicated tople. We use Insurance to protect against the risk of financial

I need help for a discussion, this is the prompt. image text in transcribed
Insurance is a complicated tople. We use Insurance to protect against the risk of financial loss in various areas of our lives including but not limited to property insurance life Insurance, health insurance, and life insurance. Your post in the discussion worth 10 points, will include the following items The government heavily regulates the insurance Industry and in some cases legislates that insurance coverage is mandatory. It is currently mandated that individuals have health insurance through the Affordable Care Act, though penalties for non-compliance have been recently removed. If a person chooses to own and operate a motor vehicle liability Insurance is legally mandated by almost all state governments. Do you think it is appropriate for the government whether federator state) to require consumers to purchase Insurance? Why or why not? As a consumer of insurance services, what are some of your thoughts on purchasing nurance? How do you go about shopping around for services to these or do you? How would you choose insurance coverage for yourself identify the three important factors you consider in your insurance decision making processes

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