New Activity
Play Froggy Jumps
1. What is the goal of life insurance?
A
to make your beneficiaries wealthy
B
financial security for your family
C
to pay for emergency medical expenses
2. If you have a mortgage life insurance and are paying down the principal, what happens to your coverage?
A
It remains the same
B
It decreases
C
It increases
3. Your life insurance needs are a factor of what?
A
Existing life insurance; income needs and immediate cash needs
B
Number of beneficiaries
C
Your age, gender and smoking status
4. At the renewal of a term insurance policy:
A
You have to qualify again medically to continue coverage
B
Coverage ends immediately
C
You have to pay the increased rate to continue coverage
5. Which of the following demographics have the highest need for life insurance?
A
Children with health issues
B
Seniors without debt
C
Working class with dependents
6. Which of the following is NOT required for a life insurance claim?
A
A letter from the beneficiary
B
A claim form
C
The death certificate
7. Which of the following factors are likely to increase your insurance premiums?
A
Being healthy
B
Being a male
C
Being young