Group Term Product Knowledge

The Group Term issue age is

• 0-70

• 0-55

• 0-80

• 0-69

Group term 100 has a locked premium once the policy has been purchased

• True

• False

Group term coverage will be terminated once you retire or leave employment

• True

• False

Group Term coverage is available for the employee only

• True

• False

Group Term 100 life policy is only available through work

• True

• False

If an individual has diabetes without insulin they can purchase a group term life plan

• True

• False

The Group Term Life plan is whole life and will pay out to insured at age 120

• True

• False

The Group Term life plan has the option to be paid at age 65

• True

• False

The death benefit for a Group Term Life policy is

• Increasing

• Decreasing

• Level

• Converting

Group term is _______ for the spouse and dependents

• Pre-tax

• Post-tax