All of the Following Are True Regarding Life Insurance Policies

Multiple Choice

All of the following are true regarding life insurance policies EXCEPT

A) you can name anyone as your beneficiary or even have multiple beneficiaries.
B) beneficiaries must be people.
C) people often buy these policies to leave money to cover debts they want paid.
D) some companies provide these policies as part of their employment contract.
E) these policies can be purchased for $10,000 or millions of dollars, depending on how much you want your beneficiary to receive.