Pearl drives to her school three days a week. She has a spouse and they live in their mother's home with their young child. Pearl’s job supports their family. If money is tight, what type of insurance can Pearl likely do without?Group of answer choicesrenter's insurancecar insuranceterm life insurancehealth insurance
Question
Pearl drives to her school three days a week. She has a spouse and they live in their mother's home with their young child. Pearl’s job supports their family. If money is tight, what type of insurance can Pearl likely do without?Group of answer choicesrenter's insurancecar insuranceterm life insurancehealth insurance
Solution
Pearl can likely do without renter's insurance. Since she and her family live in her mother's home, they do not rent the property and therefore do not need insurance to cover potential damages or losses to the property. However, car insurance is necessary for Pearl to legally drive to her school, health insurance is important for the well-being of her family, and term life insurance could provide financial security for her family in the event of her death.
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