37) Commercial paper that is sold without going through a broker or dealer is known as A. book-entry - Answered by a verified Financial Professional Finance Have Finance Questions?
Life insurance is usually used to protect your income for the benefit of your dependents (although there are other reasons to purchase life insurance, such as for estate planning). You should in most cases purchase life insurance when you have dependents or when you have a large outstanding debt such as a mortgage.
April 24, 2011. The process of claiming a life insurance benefit typically takes anywhere from one to two months, according to the AARP. The beneficiaries of the life insurance policy need to file a claim in order to start the process. They will have to choose the payment type that works with the beneficiary's lifestyle and financial needs. Filing the Claim.