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Mathematics

10th - 12th Grade

CCSS covered

Used 12+ times

Consumer Math Life Insurance
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22 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The primary purpose of life insurance is __________.

to provide financial compensation to your dependents following your death

to invest money for your future

to get rich

2.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

What are the three major types of life insurance?

(a)  

Tags

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Person named to receive the death benefit of the policy

Rider

Beneficiary

policyholder

annuity

Tags

CCSS.6.EE.A.2C

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Protection for the lifetime of the insured

lifetime

term

endowment

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Both a savings plan and life insurance

term

endowment

lifetime

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Coverage for a specified amount of time

term

endowment

lifetime

7.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Amount of insurance coverage purchased

(a)  

Tags

CCSS.7.RP.A.3

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