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.
Many insurers sell individual health insurance plans. But if you're 50 and older, but not yet 65 and old enough for Medicare, actually getting an individual insurance plan can be a challenge: You may find it harder to find a company that will sell you a health insurance policy, especially if you have a serious medical condition. You may have to undergo a medical exam to prove you are healthy and insurable. You may find that individual insurance costs more than group insurance. You may be provided with fewer benefits than you would through a group insurance policy. If you're buying health insurance on your own, it's important to shop around and compare health insurance policies and plans. A first step could be to find out which plans are offered where you live. (Insurance offerings do vary by state.) Then, you can ...