Which of the Following Statements Is True

question 22

Multiple Choice

Which of the following statements is true?

• A) Life insurance allows individuals and their beneficiaries to protect against loss in income through premature death.
• B) Life insurance allows individuals and their beneficiaries to protect against loss in income through premature retirement.
• C) Life insurance allows individuals and their beneficiaries to protect against loss in income through unforeseen accidents.
• D) Life insurance allows individuals and their beneficiaries to protect against loss in income through premature death and life insurance allows individuals and their beneficiaries to protect against loss in income through premature retirement.