4. Malik's father recently died. His dad had an insurance
policy, so Malik received $20,000 from this policy. Which
type of insurance does this MOST likely represent?
health insurance
homeowner's insurance
car insurance
life insurance

Life insurance is an agreement wherein a policyholder will pay everyday premiums in alternate for a lump-sum demise benefit that can be paid to the policyholder's beneficiaries. The lump-sum gain is paid while the policyholder passes away or a selected amount of time has passed.

Hence, The type of insurance money that Malik has received indicates life insurance and the correct option is D.

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4. Malik's father recently died. His dad had an insurance policy, so Malik received $20,000 from this policy. Which type of insurance does this MOST likely represent? health insurance homeowner's insurance car insurance life insurance

Respuesta :

What is life insurance?

Otras preguntas

4. Malik's father recently died. His dad had an insurance
policy, so Malik received $20,000 from this policy. Which
type of insurance does this MOST likely represent?
health insurance
homeowner's insurance
car insurance
life insurance