Multiple Choice
The primary purpose of a life insurance plan is to help:
A) provide tax benefit to the beneficiaries of the policy in the event of the insured's untimely death.
B) in the protection of the dependents of the insured from financial loss in the event of his or her untimely death.
C) in the loss prevention of the insured in the event of his or her untimely death.
D) in controlling the loss of the insured in the event of his or her untimely death.
E) in the risk avoidance of the insured in the event of his or her untimely death.
Correct Answer:
Verified
Correct Answer:
Verified
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