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In Economics / Junior High School | 2025-06-03

3. What advice will you give the company as to the range/period covered by your plan?

Asked by JewelryShayne7523

Answer (1)

“Good day! As your trusted advisor, I recommend choosing an insurance plan with a minimum coverage of one year, renewable annually. This range ensures stability in benefits like health, accident, and life coverage. For businesses, this period allows for better financial planning and consistent protection of your assets and employees. If the nature of your business involves higher risks or seasonal changes, you may also explore multi-year plans to lock in better rates and reduce administrative renewals. Remember, choosing the right period helps you manage both cost and security efficiently.”

Answered by Storystork | 2025-06-13