Which Is a Correct Statement About Life Insurance

question 106

Multiple Choice

Which is a correct statement about life insurance?

• A)Life insurance provides liquidity at the time of death.
• B)Life insurance is still more often bought than sold.
• C)Life insurance is one of the least expensive purchases you may ever make.
• D)Choosing the right policy takes only a few minutes.
• E)Consumer awareness of life insurance has changed significantly over the years.

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Definitions:

Negative Emotional Reactions

Refers to undesirable feelings or emotions that result from certain experiences or thoughts.

Impulsively

Acting on or inclined to act on sudden urges without considering the consequences.

Birth Order

The rank or position of an individual within their family, determined by the timing of their birth relative to their siblings.

Abnormal Levels

Atypical quantities or concentrations of substances or characteristics, often indicating a health issue or anomaly.