If you have no dependents and insufficient assets to cover
funeral costs, you
should consider buying life insurance.
should consider buying long-term care insurance.
should consider comprehensive coverage on your PAP.
do not need life insurance.
Which of the following is the key characteristic of term life
insurance?
Valid for an unlimited amount of time
Selection of investment options
No cash value
Flexible premiums
Stella is permanently disabled and unable to work. When she
bought her life insurance policy, she included a(n) _____________
provision, so that she is allowed to keep the policy in force
without further payment of premium.
waiver of premium
living benefits
entire contract
reinstatement
If you have no dependents and insufficient assets to cover funeral costs, you should consider buying life insurance. sho
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