When you buy life insurance,you want a policy that fits your needs at reasonable cost. Y
There are many reasons for purchasing life insurance,among which are the following:
Insurance to provide family protection and financial security to surviving family members upon the death of the insured person.
Insurance to cover a particular need upon the insured’s death such as paying off a mortgage or other debts.
56. What should you take into consideration when choosing a life insurance policy?
Both your needs and the ______________________.
57. What’s the relationship between the type of policy and your financial plan?
The type of policy should meet your______________________.
58. Who can help you buy the fight type of policy from an insurance company?
____________________.
59. Who will benefit from the life insurance upon the death of the insured person?
Surviving ______________________.
60. What is the second goal for buying life insurance?
To pay off a mortgage or ______________________ after death.