Loma 281 module 22 - Study guides, Class notes & Summaries
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LOMA 281 Module 2 Lesson 1 - Term Life Insurance 2023 Top-Rated
- Exam (elaborations) • 6 pages • 2023
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Assume that Caryer has life insurance on his own life. Select the box beside each financial need that you think life insurance can meet 
 
Paying household expenses (utility bills, food, clothing, etc) 
Covering outstanding debts (mortgage and car loans, etc) 
Paying future outstanding medical, hospital, and funeral expenses 
Providing financial support for the family 
Funding a child's education - All the above 
 
Term Life Insurance - Life Insurance that provides a death benefit only if the i...
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