Which type of insurance policy would someone get to protect others only?
health insurance
life insurance
property insurance
disability insurance
Which type of insurance policy would someone get to protect others only?
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Which type of insurance policy would someone get to protect others only?
health insurance
life insurance
property insurance
disability insurance
The correct answer is life insurance.
Life insurance is designed to provide financial protection to beneficiaries in the event of the policyholder’s death. This means it helps protect others, such as family members or dependents, by providing them with a payout to cover expenses or lost income. Other types of insurance, like health or property insurance, primarily protect the insured individual or their assets rather than others.