A type of coverage with a small face amount, typically purchased to pay the burial expenses of the insured, is called a(n) _ plan____.

Correct Question: A type of coverage with a small face amount, typically purchased to pay the burial expenses of the insured, is called a(n) _________ plan:

A. Family

B. Industrial

C. Interment

D. Annuity

Answer:

B. Industrial

Explanation:

Also called a pre need insurance, industrial insurance is the type of insurance that is procured to take care of future occurrence such as burial.

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A type of coverage with a small face amount, typically purchased to pay the burial expenses of the insured, is called a(n) _________ plan____________.

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A type of coverage with a small face amount, typically purchased to pay the burial expenses of the insured, is called a(n) _ plan____.