My First Investment June 2023
Authored by Cindy Fam
Other
6th - 8th Grade
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10 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which one of the following types of insurance policy is suitable for education planning?
Term policy
Endowment policy
Whole Life policy
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which one of the following types of insurance policy is the cheapest?
Whole Life policy
Term policy
Endowment policy
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which one of the policy has no cash value?
Endowment policy
Whole Life policy
Term policy
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which one of the following policies provides a life time of coverage?
Whole Life Policy
Term Policy
Endowment Policy
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which one of the following policies is the most expensive?
Whole Life Policy
Term Policy
Endowment
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which one of the policies is a pure insurance?
Term policy
Endowment policy
Whole Life policy
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which one of the following polices do not need a specific number of years as coverage?
Endowment policy
Whole Life policy
Term policy
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