7
AssignmentMultiple Choice

Buying and Selling Stock

Question 7 • FL-2102373-Personal Finance and Money Management Honors

Which policy type would pay for training for a family member of a policyholder?

Answer
A
term-life insurance
B
whole-life insurance
C
long-term care insurance
D
short-term disability insurance

Explanation

Long-term care insurance can cover services that help a policyholder with daily care needs, including training for a family member who provides that care. Term-life and whole-life insurance pay a death benefit, while short-term disability insurance replaces income during a temporary inability to work.

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