Question

what role does insurance play in financial planning? it guarantees that income and assets are protected it helps build and maintain ones credit score it helps cover day - to - day expenses it grows in value and appreciates over time

Explanation:

Insurance's core function in financial planning is to mitigate risk by safeguarding income and assets from unexpected losses (like accidents, illness, or property damage). Building credit relates to credit management tools, day-to-day expenses are covered by budgeting/liquid funds, and growth in value is the role of investments.

Answer:

It guarantees that income and assets are protected