For which of the following scenarios is permanent insurance most suitable?

The suitability of permanent insurance in the context of covering funeral expenses is significant because this type of insurance provides lifelong coverage and builds cash value over time. Permanent insurance ensures that, regardless of when the insured passes away, there will be a guaranteed death benefit available. This characteristic makes it a reliable option for covering expenses that can arise at any time, such as funeral costs, which can be unpredictable but necessary.

In contrast, options that refer to short-term needs, such as providing a large sum for short-term needs or addressing short-term financial obligations, are typically better suited for term life insurance. This is because term insurance offers coverage for a specific time period, which aligns more efficiently with short-term financial goals. Saving for a child’s post-secondary education does not typically fit the permanent insurance model either, as this goal may be better served by investment vehicles or term policies that can provide funds specifically for that designated timeframe. Therefore, permanent insurance's strength lies in its ability to provide enduring coverage, making it particularly appropriate for scenarios involving long-term obligations like funeral expenses.