Life Insurance Quiz
Are you a good candidate for Life Insurance?
Take the quiz below for discovery.
1. The best life insurance policies today provide coverage while you are outside of the US,
only when you are overseas for less than 12 months.
only if you are on Holiday leave and not working outside of the US.
whenever you are overseas regardless of how long.
only when your travel insurance does not cover you.
2. The main purpose of life insurance is to..
make up for loss of earnings, when thee person insured is unable to work again.
to pay for urgent medical expenses that may arise from accidents.
meet an insured person's debts when they die.
Provide a lump sum to a designated beneficiary upon the insured's death.
3. The best time to apply for life insurance is..
today, because life insurance is based on age, health, and habits.
tomorrow, because why do today what you can put off until tomorrow.
as soon as you have dependent children in the future.
as soon as you develop a medical condition.
4. If you miss a premium on your life policy?
Your cash value can pay for it, while you catch up.
Your policy is canceled the day after the premium is due.
Your policy can only be cancelled after one month and when the company notifies with you.
your policy can never be cancelled.
5. What is the best reason for your situation to have a life policy?
To protect my mortgage so that the house is paid for when I pass away.
To leave a good amount ot money for my child(ren) when I die.
So that my spouse continues to receive my paycheck when I pass away.
So that my family can take care of my final arrangements.
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