Consumer awareness of life insurance has changed considerably over the years.
Question 14. 14.( TCO 4) You probably have little or no need for life insurance if you are( Points: 1)
a single person living alone or with parents. divorced and have two children. married and your spouse works. gainfully employed. a household with several children.
Question 15. 15.( TCO 4) Your annual income is $ 35,000. What is your life insurance need based on the easy method?( Points: 1)
$ 35,000 $ 110,500 $ 171,500 $ 191,500 Over $ 200,000
Question 16. 16.( TCO 4) Which type of life insurance policy combines term insurance and investment elements?( Points: 1)
Whole life Ordinary life Universal life Adjustable life