What do you know about life insurance?

Here are 10 statements about life insurance. Please select TRUE or FALSE for each of the following questions.

LIFE INSURANCE QUIZ

TRUE FALSE

QUIZ ANSWERS

SCORE 

1. 93% of Americans say that life insurance is something most people need, but only 41% own an individually purchased policy. 



 

2. Generally, all life insurance policies provide a tax-free death benefit.



 

3. The middle market represents the largest segment of uninsured households, with half (36 million) admitting they need more life insurance. 



 

4. The only purpose of life insurance is to pay your funeral and final expenses.



 

5. One-third of wives own no life insurance at all-despite the fact that 7 in 10 households are dual-income households and nearly 30% of wives earn more than their husbands.



 

6. You should buy life insurance from a company offering the lowest-cost policy.



 

7. Of widows and widowers whose spouses died prematurely (between the ages of 30 and 55), only 25% felt their spouses had adequate life insurance.



 

8. Once you buy a life insurance policy, you will never have to worry about it again.



 

9.You have life insurance from your employer so you don't need anymore.



 

10. If you don't have children you don't need life insurance.



 
YOUR SCORE:
  %

LEARN MORE

Learn more about how life insurance provides solutions to meet a wide range of financial needs.





MLINY112713202

Insurance policies and/or associated riders and features may not be available in all states. Insurance products are issued by John Hancock Life Insurance Company (U.S.A),197 Clarendon Street, Boston, MA 02116 (not licensed in New York) and John Hancock Life Insurance Company of New York, 100 Summit Lake Drive, 2nd floor, Valhalla, NY 10595.

The long-term care insurance policy describes coverages under the policy, exclusions and limitations, what you must do to keep your policy in-force, and what would cause your policy to be discontinued. Please contact the John Hancock licensed agent for more information, costs, and complete details on coverage.

This is an insurance solicitation. An insurance agent may contact you.

Long-term care insurance is underwritten by John Hancock Life Insurance Company (U.S.A.), Boston, MA 02117.

 

ICC15-LTC-8006 5/14