What types of family assets might be used to satisfy death protection funding requirements?
Answer to relevant QuestionsOne life insurance expert suggests that people should never buy participating life insurance, because the purpose of life insurance is to reduce risk, not to increase it. Discuss. How does universal life differ from variable life? Which one entails greater risk? What kinds of insurance might offer the best protection against unexpected inflation? Explain why. What is the difference between a defined benefit plan and a defined contribution plan? What are the advantages and disadvantages of each? How does health care planning before age 65 differ from health care planning after age 65?
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