which three examples are the people who could benefit the most from life insurance? click the boxes with the…

which three examples are the people who could benefit the most from life insurance? click the boxes with the letters of the 3 best answers. a. 32 year old, unmarried teacher with a $15,000 auto loan and $20,000 in student debt. b. 28 year old single parent with two kids, ages 2 and 6. c. 30 year old single software engineer who owes $500,000 on his/her home. d. married couple in their early 50s. they have 1 adult child and owe $75,000 on their home. they both work full time in management positions. e. married couple in their late 20s. they have a $400,000 mortgage and are both working to make just enough to pay the bills and save a little. f. married couple in their early 30s. they have 3 young children and the wife stays home to care for them.

which three examples are the people who could benefit the most from life insurance? click the boxes with the letters of the 3 best answers. a. 32 year old, unmarried teacher with a $15,000 auto loan and $20,000 in student debt. b. 28 year old single parent with two kids, ages 2 and 6. c. 30 year old single software engineer who owes $500,000 on his/her home. d. married couple in their early 50s. they have 1 adult child and owe $75,000 on their home. they both work full time in management positions. e. married couple in their late 20s. they have a $400,000 mortgage and are both working to make just enough to pay the bills and save a little. f. married couple in their early 30s. they have 3 young children and the wife stays home to care for them.

Answer

Brief Explanations:

Life insurance is beneficial for those who have dependents or significant financial obligations. A single - parent with kids (option B) has dependents who rely on their income. A single software engineer with a large mortgage (option C) has a major financial liability. A married couple with young children and one non - working spouse (option F) has dependents and potential financial strain if the working spouse passes away.

Answer:

B. 28 year old single parent with two kids, ages 2 and 6. C. 30 year old single software engineer who owes $500,000 on his/her home. F. Married couple in their early 30s. They have 3 young children and the wife stays home to care for them.