1 which of the following is a permanent need for purchasing, Ask an Expert

Management Studies

1. Which of the following is a permanent need for purchasing life insurance?

providing for funeral expenses

paying off a mortgage loan

funding the readjustment period for a spouse

funding a child's college education

2. When an ordinary life insurance policy becomes payable as a death claim, the beneficiary is entitled to the:

cash surrender value

face amount plus the reserve value

face amount plus the cash value

face amount

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92455359

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