The standard advice of financial analysts has been to buy cash value insurance,because term insurance does not have lasting value.

Question

Quizplus · Accepted Answer

This statement is false. Financial analysts may recommend cash value insurance for certain individuals, but term insurance can still be a valuable option for many people, especially for those who may not need permanent coverage or have limited budgets. It is important for individuals to understand their own needs and circumstances and to consider all options before making a decision about life insurance.

The Standard Advice of Financial Analysts Has Been to Buy