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Life insurance is NOT used for: a) Burial expenses b) Investing in the stock market c) Providing for dependents

Respuesta :

B) investing in the stock market

A life insurance policy is a agreement between an insurer and a policyholder which is completely legal. It cannot be used for investing in the stock market, i.e., option b.

What is stock market?

The stock market relates to the collection of exchanges and other venues where shares of publicly traded companies are bought, sold, and issued.

In life insurance the exchange for the premiums paid by the policyholder during their lifetime, a life insurance policy allows the insurer will pay a sum of money to named beneficiaries when the insured dies.

Life insurance is not used for investing in such stock markets.

Thus, the correct option is b.

For more details regarding stock market, visit:

https://brainly.com/question/13400473

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