Answers OK-Personal Financial Literacy S1 – EDGNTY-83861 26-27 Buying InsuranceQuestion 7

7

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Buying Insurance

Question 7 • OK-Personal Financial Literacy S1 – EDGNTY-83861 26-27

Which statement best describes life insurance?

Answer

A

It pays for doctor visits and preventive medical care.

B

It replaces lost income and covers medical expenses.

C

It provides benefits to loved ones after someone’s death.

D

It protects property against theft, accidents, or damages.

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