Which among the following scenarios warrants insurance?
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Answer:
The correct option is I. fend for itself, such a scenario warrants purchasing of life insurance.
Explanation:
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The only breadwinner of a family might die untimely.
If a family only has one single breadwinner or only one person earns money to feed the family, this scenario warrants purchasing life insurance. Because the breadwinner of such a family dies untimely or unexpectedly, the whole family will be left to arrange for themselves as there will be no one earning for them anymore. In that case, there will be no or very few funds left for the family to survive. That's why this scenario warrants the purchasing of life insurance for the breadwinner of the family.
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