Which of the following is part of the "underinsurance"problem in America as described in Chapter 8?
A) Americans put too much emphasis on health insurance at the expense of life insurance.
B) Many Americans with a full-time job and at least one dependent do not have any life insurance.
C) Many Americans with life insurance do not have enough coverage.
D) B and C
E) A, B, and C

Question

Quizplus · Accepted Answer

The "underinsurance" problem in America often includes situations where individuals may have some form of life insurance but not enough coverage to adequately support their dependents or handle their debts after their death (C), as well as the issue of many full-time workers with dependents lacking any life insurance at all (B). These scenarios contribute to the broader issue of underinsurance, where the coverage held does not sufficiently meet the needs of the insured or their families.

Which of the Following Is Part of the "Underinsurance"problem in America