Page 50 - Life Assurance
P. 50
7- For what major purposes of:-
- Term insurance
- Whole life insurance.
- Endowment.
8- Ehab, age 26, has a family of five, with
children aged two, three, and five. He earns L.E
10,000 per year and can pay L.E 500 a year to life
insurance. He is covered by social insurance,
and has a group life insurance certificate for L.E
10,000. Explain:
(a) For what type of life insurance would you
recommend that Ehab spend his insurance
budget? Defend your choices.
(b) How much death protection will your
selections provide if Ehab should die tomorrow?
9- Describe the basic underwriting
principles that are followed in group insurance.
10- Briefly describe the following types of
group life insurance plans:
a. Group term life insurance.
b. Group accident death and dismemberment
insurance (AD&D).
c. Group universal life insurance.
11- How does an annuity differ from life
insurance?
An annuity provides periodic payments to an
annuitant, which continue for either a fixed period or
150 Life51/life/life 08
- Term insurance
- Whole life insurance.
- Endowment.
8- Ehab, age 26, has a family of five, with
children aged two, three, and five. He earns L.E
10,000 per year and can pay L.E 500 a year to life
insurance. He is covered by social insurance,
and has a group life insurance certificate for L.E
10,000. Explain:
(a) For what type of life insurance would you
recommend that Ehab spend his insurance
budget? Defend your choices.
(b) How much death protection will your
selections provide if Ehab should die tomorrow?
9- Describe the basic underwriting
principles that are followed in group insurance.
10- Briefly describe the following types of
group life insurance plans:
a. Group term life insurance.
b. Group accident death and dismemberment
insurance (AD&D).
c. Group universal life insurance.
11- How does an annuity differ from life
insurance?
An annuity provides periodic payments to an
annuitant, which continue for either a fixed period or
150 Life51/life/life 08
