We know life insurance is important, but many of us struggle to understand the different terms and specifications. With this informative quiz, you’ll discover what you need to know about life insurance policies, so you can feel confident selecting the policy that suits the needs of you and your family.
One part of the quiz will help you understand the difference between term life insurance and whole life insurance, the most important benefits of whole life insurance, what happens to a term life policy if it expires while you’re still alive, and which of the policies has lower monthly costs.
You’ll also learn the best time to buy a life insurance policy, who gets the policy benefits when you pass away, what lifestyle factors contribute to higher premiums, who should get a guaranteed-issue life insurance policy, why medical exams are sometimes required for policies, how to confirm the stability of your insurance carrier, and why you might not want to get a life insurance policy from your employer.
The quiz will only take you a few minutes to complete, yet the information you’ll learn from it is invaluable. Along the way you can see how many other people got the questions right and cheer them on. When you finish, you can even share your score on Facebook and get extra reading materials to answer any other questions you have.
If you’re confused about life insurance policies, take this quiz today and discover everything you need to know about the different policies available.