Question

exam lesson name: the consumer and labor force
exam number: 700189rr
exam guidelines
exam instructions
question 7 of 20 :
select the best answer for the question.

1. ben buys a life insurance policy to help pay for his wifes expenses after his death. ben is the

a. premium.
b. insurer.
c. policyholder.
d. beneficiary.

Explanation:

A premium is the amount paid for the policy. The insurer is the company providing insurance. The beneficiary is the one who receives benefits. Ben, who bought the policy, is the policyholder.

Answer:

C. policyholder