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WorksheetsLife Insurance Basics
Total questions: 10
Worksheet time: 5mins
What is a clients largest asset?
home
ability to work
car
retirement accounts
What reason doesn't fit for why people don' t buy life insurance?
Didn't think they could afford it
Doesn't see a need for it
Never got around to it
Spouse can remarry
What are the names of our two choices for life insurance?
Term Now and Custom Advantage
Term and Cash Value
Auto and Home
Hopes and Prayers
What is backdating on our policies?
When a client can pay premiums to go back a year for insurable age
To check back in the date of your clients medical history
Changing the date after a client signs the application
Living your future through your high school accomplishments
On our child rider, at what age does the child rider cover the child?
1 year
at the time of birth
at the time of the policy
14 days
How much is one unit of life insurance
1
10
100
1000
How much does our increasing benefit rider increase the coverage by?
10%
5%
15%
20%
What is an advance?
When the company pays you commission on the first nine months of premium
When you get your promotion
When you pick up a check from a client before the policy is written
When you get your battle pack on fortnite
All term lengths pay the same amount to the agent.
true
false
What is QBI?
Quality of Business Index
Question and Bank Information
Quantitative Brokerage Institution
Quality of Business Investments
