What is the purpose of life insurance? Do you think everyone needs life insurance? Explain.

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2. List and briefly describe the factors that affect an individual's life insurance premium.

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Personal Finance

ISBN: 978-0132994347

5th edition

Authors: Jeff Madura

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Posted Date: Apr 23, 2024 06:35 AM

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What is the purpose of life insurance? Do you think everyone needs life insurance? Explain.

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Expert Answer:

1 The Purpose of Life Insurance The primary purpose of life insurance is to provide financial protection and support to individuals and their families ... View the full answer

Personal Finance

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