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Business, 06.10.2019 05:30 melodyl3on

Astudent remarks: when i pay my insurance premiums, i never get that money back. my insurance premiums represent payments for a service i receive from the insurance company. when i deposit money in the bank, i can always withdraw the money later if i want to. so, my bank deposit represents a financial investment for me. therefore, a bank is a financial intermediary, but an insurance company is not. explain whether the student's argument is correct or incorrect.

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Astudent remarks: when i pay my insurance premiums, i never get that money back. my insurance premi...

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