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Multiple Select QuestionSelect all that applyWhich of the following factors should be considered before buying life insurance?Multiple select question.net worthgroup life insurancepresent and future incomestock pricesoption market prices

Question

Multiple Select QuestionSelect all that applyWhich of the following factors should be considered before buying life insurance?Multiple select question.net worthgroup life insurancepresent and future incomestock pricesoption market prices

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Solution

The factors that should be considered before buying life insurance are:

  1. Net worth
  2. Group life insurance
  3. Present and future income

Stock prices and option market prices are not directly related to the decision of buying life insurance.

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