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TN Life and Health Insurance Exam questions and answers well illustrated.

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term - ans period of time term life insurance - ans life insurance policy that provides temporary coverage term life insurance - ans least expensive, cheap, or very low premium life insurance policy face amount/face value - ans the amount paid to the beneficiary at the insured's death on the 1st page of the policy/contract - ans where is the face value for a policy listed? group life insurance - ans term life insurance that employer provides to employees; usually $10,000 $50,000 - ans what is the maximum amount the employer can provide to an employee without you paying tax? D - ans How much of the group life of $75,000 would be taxable to the beneficiary? A. $25,000 B. $75,000

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TN Life And Health Insurance
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TN Life And Health Insurance

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