Which of the following is NOT a common form of life insurance?

Prepare for the Alaska Life Insurance Exam with our quiz. Use interactive flashcards and multiple-choice questions, with hints and explanations provided for each. Get confident and ready to ace your test!

Health insurance is not a common form of life insurance. Unlike life insurance, which provides a financial benefit to beneficiaries upon the policyholder's death, health insurance is designed to cover medical expenses incurred during a person's lifetime. Life insurance primarily serves to ensure the financial security of dependents or beneficiaries in the event of the insured's passing.

Term life insurance, universal life insurance, and mortgage life insurance, on the other hand, are all designed to provide a death benefit to beneficiaries. Term life insurance offers coverage for a specific period, universal life insurance provides flexible premiums and death benefits, and mortgage life insurance is specifically aimed at paying off a mortgage in the event of the policyholder's death. Each of these insurance types serves the purpose of providing financial support after the death of the insured, making them common forms of life insurance.

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