Identify the statement that is true of the economic feasibility of insurance. Select a Choice Below current question choices OptionA The use of deductibles to eliminate claims for small losses makes premiums impractically expensive. OptionB Insurance is economically feasible if the cost of insurance is small compared to the potential loss. OptionC When the size of the possible loss is insignificant to the insured, insurance is economically feasible for the insured. OptionD If the premium rates are large in relation to the potential loss, the insurance is economically feasible to the insur