Which fringe benefit should an apprenticeship program offer to support someone concerned about their family's financial security if they were to die?

The inclusion of life insurance in an apprenticeship program effectively addresses the concern about financial security for an apprentice's family in the event of their death. Life insurance provides a death benefit to the beneficiaries, which can alleviate financial stress and provide support for dependents left behind. This financial safety net ensures that loved ones can maintain their standard of living and manage immediate expenses such as funeral costs, debts, and daily living expenses, ensuring peace of mind for those in the apprenticeship who might worry about their family's future.

In contrast, while a 401(k) is a valuable retirement savings option, it does not provide immediate financial support to beneficiaries in the case of an apprentice's death. Health insurance typically focuses on medical expenses and would not directly aid family members if the primary insured were to pass away. A pension provides retirement income but does not offer protection against premature death, meaning it wouldn't help dependents or beneficiaries in their time of need. Hence, life insurance is clearly the most appropriate fringe benefit to support financial security concerns in this context.