Funeral Insurance Quiz

Using the FEP Calculator, how much premium will Mr. Owusu (45y) pay for a cover of GHC 10,000.00 to cover his wife (32y) Father (74y) Mother (60y) and 2 children (10y and 8y)

• GHC 297.94

• GHC 279.49

• 277.49

• 397.94

Mr. Antwi wants to take an Family Cover to protect his wife, 3 children, Father, Mother, Mother in Law, Brother, Sister and Uncle. He wants a cover for GHC 10,000.00

• GHC 110.00

• GHC 200.00

• GHC 451.00

• GHC 147.50

How many people can we cover under the Family Cover?

• 16 people, Family of 6, 4 parents and 6 extended family members

• 18 people,

  Family of 8, 4 parents and 6 extended family member

• 12 people,

  family of 4, Parents and 4 Extended Family members

• 15 people, Family of 6, 6 parents and 3 extended family members

..... is the minimum cover and ...... is the maximum cover under the Family Cover

• GHC 1,000.00 and GHC 10,000.00

• GHC 5,000.00 and GHC 60,000.00

• GHC 2,000.00 and GHC 10,000.00

• GHC 2,000.00 and GHC 60,000.00

What % of the funeral benefit is added as the 1 week benefit for an insured life?

• 10%

• 15%

• 25%

• 20%

..... is the minimum cover and ...... is the maximum cover under the Family Eternity Plus

• GHC 2,000.00 and GHC 10,000.00

• GHC 2,000 and GHC 60,000.00

• GHC 5,000.00 and GHC 60,000.00

• GHC 5,000.00 and GHC 50,000.00

Under the Family Cover and Family Eternity Plus, how long is the waiting period?

• 5 months

• 6 months

• 3 months

• 12 months

If a customer dies through an accident and the waiting period has not been served, the claim will not be paid.

• True

• False

Double Accident benefit for an insured and spouse, is limited only to the Family Eternity Plus

• False

• True

Which of these is NOT an additional benefit under FEP?

• 25% 1 week benefit

• Premium waiver at retirement

• Disability benefit

• Cash-Back after 2 years.