Insurance planning is not designed to protect your wealth in which of the following ways?
A)Protecting the assets that you own
B)Limiting your exposure to potential liabilities
C)Protecting your income
D)Downturns in the stock market

Question

Quizplus · Accepted Answer

Insurance planning is not designed to protect against downturns in the stock market. This is typically addressed through investment planning or diversification strategies. Insurance planning, on the other hand, focuses on protecting assets, limiting liabilities, and protecting income.

Insurance Planning Is Not Designed to Protect Your Wealth in Which