Purchasing life insurance on the homemaker:
A) makes no sense because the homemaker generates no income
B) should not be done because of the moral hazard it creates in the working spouse
C) makes sense in many cases due to the cost of service replacement and it would help the family maintain a "normal" lifestyle
D) is very necessary when the homemaker has no minor children
Correct Answer:
Verified
Q1: The main financial problem associated with the
Q2: When an insured dies with an incident
Q3: Which of the following would not be
Q4: A "Certified Financial Planner":
A) is a widely
Q5: To properly handle the orderly transfer of
Q7: Which of the following statements is false?
A)
Q8: Which of the following is not a
Q9: A business firm may utilize life insurance
Q10: Which formula shows the needs based method
Q11: When a person dies, the gross estate
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