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.
Buy life insurance for a dependent. You have the option to purchase life insurance for your spouse, partner, or children. Like the employee supplemental coverage, this dependent coverage is split into two parts: basic and supplementary. You must first add basic coverage then, if you choose, add supplementary coverage.