1
QuizMultiple Choice

Insurance and Financial Protection — Quiz

Question 1 • Personal Finance

Who most needs life insurance?

Answer
A
Parent with dependents
B
Retiree
C
Single adult
D
Student

Explanation

A parent with dependents most needs life insurance because family members may rely on that parent’s income for living expenses, housing, and other needs. Life insurance can provide financial support for dependents if the parent dies. A retiree, single adult, or student may have less need if no one depends on their income.

AI-written and checked against the verified answer.

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