Your children are 3 and 5 years old now, and you want an inexpensive policy that covers your family at least until the youngest is 22. based on the given information, what is the best policy to buy?

a. whole life policy

b. 10-year term policy

c. 15-year term policy

d. 20-year term policy

Question

Social Studies

Jonah Shah

9 March, 15:33

Your children are 3 and 5 years old now, and you want an inexpensive policy that covers your family at least until the youngest is 22. based on the given information, what is the best policy to buy?

a. whole life policy

b. 10-year term policy

c. 15-year term policy

d. 20-year term policy

+3

Answers (1)

Know the Answer?

Kieran Riggs · Answer 1

You would do 22-3 which is equal to 19. This means you would want at least a 19-year policy. The number on this list closest to 19 is 20 so I would pick d. 20-year term policy

Your children are 3 and 5 years old now, and you want an inexpensive policy that covers your family at least until the youngest is 22. based on the given information, what is the best policy to buy?a. whole life policyb. 10-year term policyc. 15-year term policyd. 20-year term policy

Your children are 3 and 5 years old now, and you want an inexpensive policy that covers your family at least until the youngest is 22. based on the given information, what is the best policy to buy?

a. whole life policy

b. 10-year term policy

c. 15-year term policy

d. 20-year term policy