Health Care Benefits Quiz – Are You Covered?

#1 Prescription lenses, frames, contact lenses and laser refractive surgery are usually covered by health benefits.

The answer is B – False

#2 Among the important people in your life, who could benefit from Critical Illness coverage?

The answer is E – All of the above

#3 How many Canadians will develop some form of cancer in their lifetime?

The answer is B – 1 in 5

#4 Some features that can be added to a Critical Illness policy include:

The answer is E – All of the above

#5 The purpose of disability benefits (disability insurance) is to:

The answer is A – Replace your income when you’re unable to work, due to illness or injury

#6 Return of premium means a refund of all the premiums paid for coverage, if the benefit is never paid out.

The answer is A – True

#7 1 in ___ children will be diagnosed with cancer before age 15.

The answer is A – 1 in 435

#8 A Critical Illness Insurance benefit payout is restricted to which of the following uses?

The answer is B – There are no restrictions

#9 Most people who want health care benefits usually:

The answer is E – A, B and C

finish

Results

How Did You Do?

7-9 Correct

Excellent!  You have a solid understanding of the basic concepts and issues surrounding family asset protection planning.  At this stage, you should meet with an advisor and discuss your opportunities for providing more financial protection and securing your family assets, investments and estate.

4-6 Correct

Good start.  The next step is to build on this knowledge base and continue developing your understanding of the principles of family health and asset protection.  Be sure to consider how an illness or disability in the family could affect your assets, income and/or retirement plan.

3 or less Correct

 

Not bad, but you may still need some more information when it comes to the basics of effective family asset protection, prevention and precaution planning.  Not to worry, that’s what the Grow Your Wealth Today seminar was designed for.  Be proud of the fact that you have begun the journey and have taken the first step to educate yourself by attending this seminar.  

How Did You Do?

7-9 Correct

Excellent!  You have a solid understanding of the basic concepts and issues surrounding family asset protection planning.  At this stage, you should meet with an advisor and discuss your opportunities for providing more financial protection and securing your family assets, investments and estate.

4-6 Correct

Good start.  The next step is to build on this knowledge base and continue developing your understanding of the principles of family health and asset protection.  Be sure to consider how an illness or disability in the family could affect your assets, income and/or retirement plan.

3 or less Correct

 

Not bad, but you may still need some more information when it comes to the basics of effective family asset protection, prevention and precaution planning.  Not to worry, that’s what the Grow Your Wealth Today seminar was designed for.  Be proud of the fact that you have begun the journey and have taken the first step to educate yourself by attending this seminar.  

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