Life Insurance Terms
What is the money that a policyholder pays their life insurance company (usually annually) in exchange for coverage? Simply put, a payment to the company.
Premium
The internship course work can be found in what section of Brighthouse Works?
in People Space in the Library Library
What financial device is designed for the event of outliving your retirement funds?
Annuity
Seven.
Mauna Kea the tallest mountain in the world from base to peak is located in which US state?
Hawaii
What is the sum of money that a life insurance company pays to beneficiaries when the insured passes away?
When is the official last day of BHF 2022 Internships?
August 5th
What is a defined, pre tax retirement contribution plan offered by some employers?
401K or 403B
From what book is "team Edward vs. team Jacob" from?
Twilight
What is the eastern most US state?
Alaska
What is an optional coverage/feature you can add to your life insurance policy, often for additional cost (maybe an increase in premium)?
Rider
This term is used to describe meeting new people who can help you grow professionally.
Networking
Which financial device is used for tax advantaged growth on earnings for health care expenses?
Health Savings Account
Mr. Darcy changes himself for the woman he loves, Elisabeth, in what book?
Pride and Prejudice
Which European country has the most time zones?
France
What is this process that every applicant who applies for insurance coverage needs to go through? It helps determine whether an applicant is insurable — and at what amount and at what cost to the applicant. It's designed to provide the fairest price for a person's risk profile.
Underwriting
The application used for interdepartmental chatting and calls at BHF.
Microsoft Teams
What type of worker/employee is qualified for a 403B plan?
403B plans are only offered to employees of non-profit organizations, for example public school system employees.
The Lion, the Witch and the Wardrobe takes place in what fictional place?
Narnia
This oil rich country in the Middle East has no rivers or lakes!
Saudi Arabia
What is the rate at which a population will become sick, injured, or disabled?
Morbidity Rate
Know Yourself Grow Your Wealth
What is the key difference between a traditional IRA and Roth Ira?
The contributions to a Roth IRA are post tax and the contributions to an IRA are pre tax.
Elphaba is the protagonist in what popular book turned broadway musical.
Wicked
This country is the only one in the Caribbean with a functioning active railway.
Cuba