which of the following singular answers describes insureance pays out money to the family of a deceased employee
long term care insurance
PPO insurance
life insurance
HMO insurance
Life insurance
The singular answer that describes insurance that pays out money to the family of a deceased employee is life insurance.
The singular answer that describes insurance paying out money to the family of a deceased employee is "life insurance."
To arrive at this answer, you need to understand the purpose of each type of insurance:
1. Long term care insurance: This type of insurance covers the cost of care for individuals who are unable to perform daily living activities due to chronic illness, disabilities, or cognitive impairments. It does not provide a payout to the family of a deceased employee.
2. PPO insurance (Preferred Provider Organization): PPO insurance is a type of health insurance plan that offers a network of healthcare providers to choose from. While this insurance may cover medical expenses, it does not typically include a payout to the family of a deceased employee.
3. Life insurance: Life insurance is specifically designed to provide financial protection to beneficiaries (such as the family of a deceased employee) in the event of the insured person's death. It pays out a predetermined lump sum or regular payments to the designated beneficiaries, helping them cover expenses and replace the lost income.
4. HMO insurance (Health Maintenance Organization): HMO insurance is a type of health insurance plan that requires members to receive medical care from a network of providers. Similar to PPO insurance, HMO insurance does not typically include a payout to the family of a deceased employee.
Therefore, among the given options, "life insurance" is the singular answer that accurately describes insurance paying out money to the family of a deceased employee.