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Sagot :
Approximately half of all personal bankruptcies stem from costs incurred due to a major illness.
Research has shown that a person becomes bankrupt if there is a serious illness that requires costly treatments.
A major illness that is not easy to overcome required visits to the hospital again and gain along with very expensive medical procedures. A person who or has a family member suffering from a major illness is most likely to spend half of his earnings on treatments. It is due to this reason that half of bankruptcies occur due to major illness.
To learn more about bankruptcies, click here:
https://brainly.com/question/27220195
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