Author: Anonymous

One of the many benefits of life insurance is that in the event of death, the death benefit:

Which of the following is NOT a reason to create a trust?

“Collision” is what type of coverage?

There are four parts to a monthly mortgage payment with escrow:  Principal, Interest, what?, and Insurance

A _______________ is likely to provide the best incentive for an insured person to control his or her own health costs.  

Why are men less likely than women to end up in nursing homes? (Select any two.)

What is the estate (or net estate)?

Monte Lion is driving home from work late at night and is side swiped by a teenager, Polly Khan, who was driving too fast. Polly’s parents carry the minimum liability limits for their state of $50,000 per person.  Monte has $[med],000 worth of medical bills.  Monte does have his own auto policy with $250,000 of uninsured/underinsured motorist coverage.  If Monte’s policy will pay for his costs under the uninsured/underinsured motorist coverage, how much will the insurance company pay?

In assessing a person’s creditworthiness using the Five Cs of Credit, which of the following is applicable in the category of “capacity”?

Which of the following, if all other factors are equal, will increase the value of the home you can afford to buy? (Select any two.)