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Term life insurance: Quiz


Question 1: For instance the insured could acquire a ________ within the term, but not actually die until after the term expires.
End-of-life careTerminal illnessAutopsyGrief

Question 2: Term life insurance or term assurance is ________ which provides coverage at a fixed rate of payments for a limited period of time, the relevant term.
Workers' compensationLife insuranceDisability insuranceHealth insurance in the United States

Question 3: The premium paid is then based on the expected ________ of the insured dying in that one year.
StatisticsProbabilityFrequency probabilityRandom variable

Question 4: Such responsibilities may include, but are not limited to, consumer debt, dependent care, ________ education for dependents, funeral costs, and mortgages.
Public school (government funded)UniversityCollegeGymnasium (school)

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