Comparing Life Insurance Policies

those who will benefit from your insurance

• premiums

• beneficiaries

• dependents

• term

a period of time, say 5 years

• premiums

• beneficiaries

• dependents

• term

insurance policy payments

• premiums

• beneficiaries

• dependents

• term

people supported by your earnings

• premiums

• beneficiaries

• dependents

• term

money earned by a whole life policy

• premiums

• dividend

• lapsed

• term

Life insurance is not for you but for your family.

• True

• False

Term coverage allows a person to be insured for their entire life.

• True 
• False

The coverage period for life insurance is usually LESS than a year

• True

• False

Buying insurance when you are young will cost you ....

• a higher rate.

• lower rate.

A neighbor can be your beneficiary?

• True

• False