For each of the following statements, indicate your response by writing T or F. a. Life insurance

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For each of the following statements, indicate your response by writing “T” or “F”.

a. Life insurance is one of the least important and inexpensive purchases.

b. A beneficiary is a person named to receive the benefits from the insurance policy.

c. Life insurance benefits may be used to pay off a home mortgage or other debts at the time of death.

d. The sooner a person is likely to die, the higher the premiums he or she will pay.

e. All people need to purchase a life insurance policy.

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Focus On Personal Finance

ISBN: 9780077861742

5th Edition

Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart

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Question Posted: Nov 22, 2018 08:20 AM

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For each of the following statements, indicate your response by writing T or F. a. Life insurance

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a Life insurance is one of the least important and inexpensive purchases F b A b...View the full answer

Focus On Personal Finance

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