National Insurance Awareness Day - Quiz

First Name

Father's Name

Surname Name

Class

• SYBAF
• TYBAF

Roll No.

What is the primary purpose of life insurance?

• To provide a savings account
• To ensure a guaranteed return on investment
• To provide financial support to beneficiaries after the insured's death
• D) To offer health coverage

Which type of life insurance policy provides coverage for a specific period?

• Whole Life Insurance
• Term Life Insurance
• Universal Life Insurance
• Endowment Policy

What is a key feature of whole life insurance?

• Coverage for a specific term
• Investment component with cash value
• Variable premiums
• No death benefit

Which of the following is typically covered under health insurance?

• Routine dental check-ups
• Life coverage
• Medical expenses for illnesses and injuries
• Auto repairs

What does an HMO (Health Maintenance Organization) plan emphasize?

• Freedom to choose any healthcare provider
• Lower premiums but higher out-of-pocket costs
• Network of specific healthcare providers
• Coverage for international travel