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31 May, 05:44

Tyler is a recent college graduate that has a large private student loan debt. He is

single with no children. He wishes to get some cheap life insurance that will pay off

the debts in case he passes away. Which life insurance policy will fit his needs

best?

+4
Answers (2)
  1. 31 May, 06:05
    0
    Term insurance.

    Explanation:

    Life insurance is a more affordable type of life insurance for low-income people. This insurance offers coverage for a certain period of time, chosen by the customer. This type of insurance works only for a period of time, it is cheaper than conventional insurance and like Tyler, he wants life insurance only for the period he is paying his debts with college, this insurance is perfect for him.
  2. 31 May, 06:06
    0
    Answer: term policy

    Explanation: apex
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