these are true and false questions

4. In an annuity the risk of dying too soon is transferred to the insurer. 5. The life insurance policy becomes incontestable upon the death of the insured. 6. Important life insurance riders may include a guaranteed option to purchase more insurance at specified dates in the future. 7. The economic costs associated with disability can be greater than the economic costs associated with premature death. 8. Managing personal risks includes providing protection needed to cover the possible losses of income and the costs of ill health. 9. The human life value approach used in the life insurance planning uses a present value analysis of the individual's future earnings. 10. The needs approach to life insurance planning examines the specific financial needs of the insured's dependents. 11. In meeting basic retirement needs, an individual should not include Social Security and any employer provided retirement benefits. 17 An important aspect of retirement planning is the time value of money