Types
What is whole life insurance?
A type of life insurance that covers your whole life
Benificiary
the person who will get payed following your death
This socer player had a plan on his legs for $195 million.
who was Peter?
He was the marine in the case study
This musician insured his middle finger for 1.6 million dollars
Keith Richards
What is universal life insurance?
A type of plan that allows you to increase (with medical examination) or decrease the payment for your beneficiaries.
Term
refers to the amount of time someone is insured for
How many policies are there in the US?
267 million
What business was created by Asia following his death?
A gym
Who were the astronauts who signed autographs as insurance?
Neal Armstrong, Buzz Aldrin, and Michael Collins
What is term life insurance?
A type of plan that insures for a set period of time.
Key person
A type of plan that insures one key person. This person's death would cause great financial harm to the business. It serves as a lifeline.
How much money is currently insured by all life insurance plans
$4.7 Trillion
Why does the story show the effectiveness of life insurance?
It shows how life insurance can turn a death into something that helps the family.
This famous Pittsburgh Steelers safety insured his hair for 1 million dollars
Troy Polamalu