QUESTION IMAGE
Question
charley has a spouse and three small children. they also own a car, a truck, and a home. which type of insurance will provide funds to charleys spouse in the event of death? select the best answer. a disability insurance b automobile insurance c life insurance d homeowners insurance
Brief Explanations
- Disability insurance provides income when someone cannot work due to injury/illness, not death.
- Automobile insurance covers vehicle-related damages/liabilities, not death benefits.
- Life insurance is designed to pay out a sum of money to designated beneficiaries (like a spouse) upon the insured person's death.
- Homeowner's insurance protects the home and property against damage/loss, not death-related funds.
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C. life insurance