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.
How to Buy Burial Insurance. Burial insurance, also called final expense insurance or pre-need insurance, ensures that your funeral expenses will be paid for without imposing a financial burden on your family. Burial insurance can also pay for other expenses such as your credit card debt so your family won't have to pay it. Because you cannot be denied a burial insurance policy, it's a good option if you are unable to buy life insurance because of age or illness.