What are some good reasons for a young, healthy, single person to purchase life insurance? The best time to purchase life insurance is when you are young and healthy since the premiums will be the lowest possible O Funerals today are very expensive so why would you want to be a financial burden on your family if you die? O At least with a good insurance foundation in place, you will have some insurance in force regardless of your future health O All of the above Life insurance is not meant to benefit you, its purpose is to protect others in the event of your death. True O False
What are some good reasons for a young, healthy, single person to purchase life insurance? The best time to purchase life insurance is when you are young and healthy since the premiums will be the lowest possible O Funerals today are very expensive so why would you want to be a financial burden on your family if you die? O At least with a good insurance foundation in place, you will have some insurance in force regardless of your future health O All of the above Life insurance is not meant to benefit you, its purpose is to protect others in the event of your death. True O False
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
Transcribed Image Text:What are some good reasons for a young, healthy, single person to purchase life insurance?
The best time to purchase life insurance is when you are young and healthy since the premiums will be
the lowest possible
O Funerals today are very expensive so why would you want to be a financial burden on your family if
you die?
O At least with a good insurance foundation in place, you will have some insurance in force regardless of
your future health
O All of the above
Transcribed Image Text:Life insurance is not meant to benefit you, its purpose is to protect others in the event of your
death.
True
O False
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