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Why do insurance companies charge higher premiums for individuals with a smoking or drinking habit?a)Smoking and drinking are considered fashionable, so higher premiums are charged.b)Smoking and drinking have no impact on health, so insurance companies charge more.c)Smoking and drinking increase the risk of health problems and mortality.d)Insurance companies do not charge higher premiums for such habits.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Why do insurance companies charge higher premiums for individuals with a smoking or drinking habit?a)Smoking and drinking are considered fashionable, so higher premiums are charged.b)Smoking and drinking have no impact on health, so insurance companies charge more.c)Smoking and drinking increase the risk of health problems and mortality.d)Insurance companies do not charge higher premiums for such habits.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Why do insurance companies charge higher premiums for individuals with a smoking or drinking habit?a)Smoking and drinking are considered fashionable, so higher premiums are charged.b)Smoking and drinking have no impact on health, so insurance companies charge more.c)Smoking and drinking increase the risk of health problems and mortality.d)Insurance companies do not charge higher premiums for such habits.Correct answer is option 'C'. Can you explain this answer?.

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