in which level of maslow's hierarchy of needs would a consumer consider purchasing flood insurance?

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Expert Solution

At the safety needs level which involves protection from elements, security, order law, stability etc a consumer would consider purchasing flood insurance.

This is the second level need where the requirements become more complex than basic needs.
Flood insurance is for the security and safety of the people. Hence health, wellness and safety against accidents, injuries and disasters become important.

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keosha answered 1 year ago

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