Which of the following is NOT a factor to consider when selecting the amount of life insurance to purchase?

a. The amount of money your dependents would need to maintain their current lifestyle

c. The amount of money needed to pay for burial costs and unpaid debts

b. The ease with which you can adjust your policy

d. Any additional sources of income that would be available to your dependents

Question

Antonio Harmon

Computers & Technology

21 November, 14:06

Which of the following is NOT a factor to consider when selecting the amount of life insurance to purchase?

a. The amount of money your dependents would need to maintain their current lifestyle

c. The amount of money needed to pay for burial costs and unpaid debts

b. The ease with which you can adjust your policy

d. Any additional sources of income that would be available to your dependents

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Answers (1)

Know the Answer?

Jimena Carson · Answer 1

The answer is (d.) Any additional sources of income that would be available to your dependents

There is no relevance in your purchased insurance and the additional source of income. There are are many factors to consider when buying a life insurance. This includes the amount of money your dependents would receive to support their living. Also, the amount of money to receive for the burial. Lastly, the insurance must be flexible.