Life Insurance Quiz

Age reduction means you're going to pay less premium when you get older

• True - 👍

• False - 👎

Who receives the funds if the primary and secondary pass away or refuse the funds?

• Spouse - 🎉

• Tertiary - 👏

• IRS - 💖

Which of the following does NOT apply into life insurance:

• Funeral Expenses - 👍

• Replace Lost Income - 👎

• Personal Cares - 😂

Life insurance is a contract between an insurance policy and an insurance company, where the insurance pays an amount of money because of the death of an insured person

• True - 👍

• False - 👎

What does EOI stand for?

• Evidence of Insurability - 👍

• Evidence of Insurance - 👎

Accidental Death & Dismemberment (AD&D) only applies if the person is injured or passes away due to a covered accident

• True - 👍

• False - 👎