Regarding the premature death loss exposure, which one of the following statements is true?

Regarding the premature death loss exposure, which one of the following statements is true?



A. In sandwiched families, life insurance is generally not needed.


B. In single-parent families, the need for life insurance is not great since there is no surviving spouse.


C. In a traditional family structure, the need for life insurance on the spouse that stays at home can be as important as the need for life insurance on the spouse in the labor force.


D. In two-income families with children, life insurance is generally needed only on the spouse with the higher income.



Answer: C

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