Agood financial plan does not include an insurance plan. true false

A good financial plan includes an insurance plan therefore  the answer is FALSE ( A )

Explanation:

A financial plan is a complete / comprehensive written out plan about the long term financial goal, security of funds and investment of funds of any individual or group of individuals or firm and the laid out procedure/strategies of achieving it . and this must include an insurance plan as part of the security of funds and properties acquired.

An Insurance plan is a component of a financial plan that helps to cover up an amount of risk or accidents that might happen/occur due to unforeseen circumstances to your health or finance

answer; is usually (less than) the socially optimal level of consumption;