10.2b

Question 1

Life insurance policies also include provisions and exclusions to protect the insurer in the event of likely death or illegal activity that might affect a______.

Answer 1

life insurance policy’s proceeds

Question 2

A common life policy exclusion is false pretense or information provided on the application for life insurance with the intent to ______ .

Answer 2

deceive and defraud the insurer

Question 3

If the policyowner dies as a result of a felonious act (death occurring while committing a crime, NOT the victim of a crime), death benefits ______.

Answer 3

will not be given to a beneficiary

Question 4

Private aviation (flying a private airplane) is often excluded due to the elevated risk level associated with such profession or hobby. This exclusion normally pertains to ______, and not if death occurs during commercial aviation, such as being a passenger on a commercial airline

Answer 4

private aviation

Question 5

Death resulting from military service is typically excluded from coverage. Death benefits will not be paid if the policyowner’s death is the result of participation in war. Military personnel receive ______ under the rules and regulations of the U.S. military.

Answer 5

governmental coverage