Page 49 - Life Assurance

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Questions for
Review and Discussion

1- How does life insurance protect estate
(future and present estate)?

2- It has been stated that life insurance is
property. What general characteristics of property
are possessed by life insurance?

3- It has been stated that the trouble with life
insurance is that one has to die in order to collect.
Is this an accurate statement? If so, Why? If not,
restate it more correctly?

4- “What is temporary for one person may
be permanent for another”. Explain giving
examples of what you consider permanent as
opposed to temporary needs for life insurance.

5- All permanent life insurance contracts
have cash values, but not all contracts with cash
values are permanent. Do you agree? Why?

6- Why does life insurance issue contracts
with an overcharge in the premium, while
property and liability insurers do not? Explain

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