If You Have No Dependents and Your Wife Earns as Much

question 84

True/False

If you have no dependents and your wife earns as much as you do,you have very simple insurance needs.

---

Definitions:

Negotiable Instrument

A signed writing that contains an unconditional promise or order to pay an exact sum of money, on demand or at an exact future time, to a specific person or order, or to bearer.

Student Loan

A type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books, and living expenses.

Credit

A financial term describing the ability of a borrower to receive goods or services before payment, based on the trust that payment will be made in the future.

Drafts

Preliminary versions of documents or plans that are subject to revision or editing.