The main goal when setting insurance goals is to:

Question image

Understand the Problem

The question is asking about the primary objective when setting insurance goals and provides multiple choice options related to income, property loss, liability risks, and coverage constancy. The focus is on understanding what the main goal of insurance planning is.

Answer

Minimize personal, property, and liability risks.

The final answer is to minimize personal, property, and liability risks.

Answer for screen readers

The final answer is to minimize personal, property, and liability risks.

More Information

The main objective of setting insurance goals is to protect against unforeseen events and financial losses by reducing risks.

Tips

A common mistake is to confuse minimizing risks with maximizing coverage. The focus should be on risk reduction.

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