Life Insurance Quiz

Which is more expensive?

• Term Life Insurance

• Permanent Life Insurance

Who should NOT have life insurance?

• Mark, who takes care of his dependent father

• Leah, a single mother

• John, who has no friends or family

• Tyler, who wants to leave money to his friend

Who will have a lower premium?

• 24 year old teacher, Carol

• 65 year old smoker, Jack

• 35 year old skydiver, Jerry

• 50 year old Hal, who has a heart condition

Jessica wants to pay for her own funeral, should she get life insurance?

• Yes

• No

Carl wants life insurance just while his daughter is in college, which one should he get?

• Term Life Insurance

• Permanent Life Insurance

Which is NOT a risk factor for life insurance providers?

• Age

• Gender

• Habits

• Height

Life insurance can only be received as a lump sum

• True

• False

The beneficiary pays the premium

• True

• False

Those with financial dependants should have life insurance

• False

• True

Life insurance premiums are unique to each person

• True

• False