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Life Insurance

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  • What do you call people who rely on someone financially?
    Beneficiaries
  • Term Life Insurance has a cash value component
    False
  • What is the length of term life insurance?
    10-30 years
  • Who should Invest in Life Insurance
    Elderly
  • Life insurance is a contract.
    True
  • What is the average amount of money in coverage for a 20 year term policy?
    500,000
  • How often is Life Insurance payed?
    monthly
  • What is the average coverage cost monthly of Life Insurance?
    20-30
  • Which Insurance option is best for most people
    Term Life Insurance
  • Which type of insurance is life long?
    Permanent Life Insurance
  • Life Insurance in some cases can cover accidents or illnesses.
    True
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