Question

When Angela wanted to provide financial security for her dependents, she considered purchasing a product that would provide income replacement in the event of her untimely death and also provide a savings/investment component while she is alive. Which company would she most likely do business with?

A. Credit card company
B. Investment company
C. Life insurance company
D. Finance company
E. Poyday loan company

Answer 1

C. Life insurance company

Step-by-step explanation:

• Life insurance is an insurance company that deals with a product that provides reinsurance in the event of the untimely death of the insured.
• There are also products that offer a savings / investment portion that saves insurance space for their future or for a specific period.

so correct option is C. Life insurance company