To insure against living a longer than one expects, one would buy the following insurance except

Question

Quizplus · Accepted Answer

Term insurance is designed to provide coverage for a specific period of time and pays out only if the insured dies within that term, making it unrelated to insuring against living longer than expected. Annuities, long-term care insurance, and disability insurance can all provide financial support in scenarios where one outlives their expected lifespan or needs long-term support.

To Insure Against Living a Longer Than One Expects, One