Life Insurance

What is a case were someone would need life insurance?

• If your partner lives off your income

• If you a lower class citizen

• If you have a no source of income

• If you claim no dependants

What is a case were someone would need life insurance?

• If you have children who have graduated at least highschool

• If you have children over 12

• If you have young children

• If you have no children

What is the average costs of a child from birth to age 17 for life insurance?

• $177,000

• $233,000

• $199,000

• $253,000

What type of life insurance could be described as "Level term period varies, but often can be five, 10, 15, 20 or 30 years"?

• Whole Life Insurance

• Term Life Insurance

• Burial Insurance

• Survivorship Life Insurance

What type of life insurance could be described as "Permanent, typically has cash value, premiums are level and death benefits are fixed"?

• Whole Life Insurance

• Term Life Insurance

• Burial Insurance

• Survivorship Life Insurance

What type of life insurance could be described as "Typically has a permanent policy length, typically has cash value, premiums vary, and death benefits are paid out after second person dies"?

• Whole Life Insurance

• Term Life Insurance

• Burial Insurance

• Survivorship Life Insurance

What type of life insurance could be described as "Permanent, cash value, premiums are level and death benefits are fixed"?

• Whole Life Insurance

• Term Life Insurance

• Burial Insurance

• Survivorship Life Insurance

What does life insurance cover?

• Out-of-pocket medical expenses.

• Benefits check after family death to cover expenses

• Travel costs for family members to get to the funeral.

• Funeral expenses and burial or cremation costs.

"The average cost of life insurance is $__ a month, __year, $___,___ term life policy, which is the most common term length and amount sold."

How much a month?

• $17

• $26

• $23

• $19

"The average cost of life insurance is $__ a month, __year, $___,___ term life policy, which is the most common term length and amount sold."

How many years?

• 17

• 18

• 19

• 20