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1) The only way anyone benefits from a life insurance policy on my life is if I die. a) True b) False 2)The cost of

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1) The only way anyone benefits from a life insurance policy on my life is if I die. a) True b) False 2)The cost of a life insurance policy is based on: a) Your health b) The type of car you drive c) Your age d) Your shoe size e) None of the above 3) A common rule of thumb for how much life insurance you should get is enough to cover: a) A year's worth of your salary b) Five years' worth of your salary c) 10 times your yearly salary d) 40 times your yearly salary e) 1000x your yearly salary 4) You must earn an income before you can get insurance. a) True b) False 5) Once I have accumulated cash value in a permanent life insurance policy, the cash value can never decline. a) True b) False 6) Because a permanent life insurance policy will pay a death benefit when I die, I have to pay premiums until I die. a) True b) False

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