Life Insurance and Health Insurance

Who gets your death benefit once you die?

• Insurance Company

• Business Partner

• Your Beneficiaries

• Your Pets

• Charity

When do you need life insurance?

• If you're married

• If you're a single parent

• If you have kids

• If you don't have a spouse and/or kids

• You don't need it.

How large of a policy do you need for life insurance?

• Five to seven times your annual salary

• Ten times your annual salary

• One to four times your annual salary

• Ten+ times your annual salary

How much does life term insurance cover?

• A couple of years at a time, then it must be renewed.

• For life.

• A couple of years at a time, then it can't be renewed.

What should you do when your partner is not covered by health insurance and you are?

• See if you can add him/her to your health insurance policy.

• Help him/her find a health insurance policy through their job.

• Do nothing.

• Find your own health insurance policy outside of work.

What is true about health insurance?

• It's expensive

• It's complicated

• There's too many options to choose from

• It's optional

• It's easy to pick the right plan

How can you get covered by health insurance?

• Through your job

• Through your partners job

• Through outside plans

• You are always covered since birth

What are two types of health insurance coverage?

• Managed care plans

• Free-for-service plans

• Premium plans

• Out-of-state plans

What health insurance coverage allows you to use any provider you wish?

• Managed care plans

• Free-for-service plans

Which type of health insurance coverage has a list of healthcare providers?

• Managed care plans

• Free-for-service plans