Tennessee Insurance Practice Exam

Which of the following is NOT considered a cost connected with an individual's death?

1. Funeral expenses

2. Suit costs

3. Medical bills

4. Business expenses

The correct answer is: Business expenses

In the context of costs associated with an individual's death, funeral expenses, suit costs, and medical bills are all directly related to the aftermath of a person passing away. Funeral expenses encompass the costs incurred for burial or cremation services, which are a necessary part of laying someone to rest. Suit costs may refer to the expenses associated with burying or dressing the deceased, falling under the category of funeral arrangements or services. Medical bills often accumulate from healthcare services leading up to the individual’s death, making them directly relevant to end-of-life costs. Business expenses, however, are not tied directly to the consequences of an individual’s death for their immediate family or estate. While the death of an individual may indirectly impact a business (for example, if the deceased was a business owner or critical employee), these expenses do not pertain to the costs incurred specifically as a result of the death itself. Thus, business expenses do not fit into the same category and are considered the least related to the direct costs of an individual's death.