Hillary and Bill Are Married and Have a Young Child

question 221

Multiple Choice

Hillary and Bill are married and have a young child.Both work,but Hillary earns a higher salary than Bill.Insurance experts suggest that:

• A)there is no real need for this couple to have life insurance,since they both are employed.
• B)the couple should take out equal amounts of life insurance for both Bill and Hillary.
• C)the couple should take out life insurance on both Hillary and Bill,but coverage on Hillary should be greater than coverage on Bill.
• D)the couple should take out a life insurance policy on their child,but do not need one on themselves.

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Definitions:

Less Yielding

Referring to being less flexible or accommodating in one's behavior or beliefs.

Intelligence Levels

Measures or degrees of a person's cognitive capabilities, including the ability to learn, understand, and apply information effectively.

Need for Cognition

A personal trait that describes an individual's enjoyment and engagement in thinking processes and intellectual activities.

Situations Require Thinking

Circumstances that necessitate careful consideration and mental effort to resolve or understand.