If you have no dependents and insufficient assets to cover funeral costs, you

should consider buying life insurance.

should consider buying long-term care insurance.

should consider comprehensive coverage on your PAP.

do not need life insurance.

Which of the following is the key characteristic of term life insurance?

Valid for an unlimited amount of time

Selection of investment options

No cash value

Flexible premiums

Stella is permanently disabled and unable to work. When she bought her life insurance policy, she included a(n) _____________ provision, so that she is allowed to keep the policy in force without further payment of premium.

waiver of premium

living benefits

entire contract

reinstatement