Question

How does the complexity of insurance products contribute to individuals not prioritizing them?

a.

Individuals find insurance products too simple to understand

b.

Individuals prefer complex products over simple ones

c.

Language in insurance documents is full of technical jargon and not easily understood

d.

Insurance products are simpler compared to other financial instruments

Answer: (c).Language in insurance documents is full of technical jargon and not easily understood Explanation:The complexity of insurance products contributes to individuals not prioritizing them because the language in insurance documents is full of technical jargon and not easily understood.

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Q. How does the complexity of insurance products contribute to individuals not prioritizing them?

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