If Used Properly,term Life Insurance Can Be an Effective Estate

question 48

True/False

If used properly,term life insurance can be an effective estate planning tool.

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Definitions:

Cognitive Dissonance

A psychological phenomenon where an individual experiences discomfort from holding two or more contradictory beliefs, ideas, or values simultaneously.

Conflicting Behaviors

Actions or responses that are contradictory or opposed to one another, often causing confusion or internal conflict.

Attitudes

Attitudes are psychological tendencies expressed by evaluating a particular entity with some degree of favor or disfavor.

Compliance

Compliance involves conforming to a rule, standard, or command, often within societal, legal, or regulatory frameworks.