Term
| is economically justified if the insured has earned income, and others are dependent on those earnings for part or all of their financial support |
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Definition
| the purchase of life insurance |
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Term
| can be used to restore the family's share of the diseased bread winner's earnings |
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Definition
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Term
| has the number of single people increased or decreased in recent years? |
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Definition
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Term
| Premature death of single people with no dependents to support or other financial obligations is not likely to create a |
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Definition
| financial problem for others |
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Term
| other than needing a modest amt of life insurance for funeral expenses and uninsured medical bills, this group does NOT need large amounts of life insurance |
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Definition
| single people with no dependents |
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Term
| one exception to single people with no dependents not needing a large amt of life insurance is |
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Definition
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Term
| has increased in recent years b/c of the lrg # of children born outside of marriage, divorce, legal separation, and death |
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Definition
| the number of single-parent families with children under the age of 18 |
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Term
| premature death of a single parent can cause great economic insecurity for the surviving children, so the need for life insurance on the family head is |
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Definition
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Term
| many have incomes below the poverty line, do they are too poor to purchase life insurance |
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Definition
| single parents - especially female |
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