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.
Maybe, maybe not. Your health insurance coverage start dateâalso called your planâs âeffective dateââis the day your insurance company will begin helping to pay for your medical expenses. Before that date, they wonât. In most cases, your effective date isnât immediate. In fact, depending on when you sign up for health insurance, your effective date could be more than a month away. The day your health insurance goes into effect depends on which half of the month you buy your plan.