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101 QUIZ

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life insurance 101 quiz

Life Insurance Quiz 101

10 random quick, easy life insurance quiz questions to help you unlock how it works by increasing your knowledge.

1 / 10

Is there specific cover for cancer only, as my family are at a higher risk for this disease?

2 / 10

With death cover, is there a waiting period for suicide?

3 / 10

Will my life cover automatically cancel when I reach my retirement age?

4 / 10

What is the general purpose of lump sum disability cover?

5 / 10

What is lump sum servere illness cover?

6 / 10

I have life cover of R500 000 and I have been diagnosed with stage 4 cancer and I have 3 months to live. Is there anyway I can get my life cover money paid to me before I die to settle my debt?

7 / 10

Is it necessary to have a Will, in case I die?

8 / 10

Do insurers offer an monthly disability income benefit instead of a lump sum amount?

9 / 10

When is the best time to take out Life Cover?

10 / 10

I bought a house last month, the bank has advised that I need to have life cover which is the same amount as my bond amount but I don’t understand why I need this cover?

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*This quiz is not intended as financial or insurance advice. Call us for specific insurance related questions and advice.

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