Check Your Understanding: Purchasing Term Life Insurance Results
Check Your Understanding: Purchasing Term Life Insurance Results
How did you do? You answered [WLQuiz_Total_Correct_Answers name=Protect Your Financial Life Map Q2: Check Your Understanding: Pu id=17] out of [WLQuiz_Total_Questions name=Protect Your Financial Life Map Q2: Check Your Understanding: Pu id=17] questions correctly. See the correct answers to each question below:
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1) Who needs disability insurance?
Correct Answer:If you were injured or ill and couldn’t work, and you wouldn’t be able to survive on your savings or your partner’s salary, you need disability coverage.
2) How much of your income should you aim to cover with disability insurance?
Correct Answer: At least 60%
3) What factors influence your disability insurance premiums?
Correct Answer:Your health, the policy terms, your salary and occupation.
Proceed to Next Lecture
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SECTION 1: Insurance
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SECTION 2: Estate Planning
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Lesson 5: Wills 4:48
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Check Your Understanding:
Wills 3 questions -
Check Your Understanding:
Other Estate Planning Documents 4 questions
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