Tennessee Insurance Practice Exam

In a Family Policy, which scenario would NOT result in a death benefit being paid?

1. K's wife dies at age 66

2. K's wife passes away at age 65

3. K dies before age 65

4. Both K and his wife die within the coverage period

The correct answer is: K's wife dies at age 66

In the context of a Family Policy, the conditions that govern the payout of death benefits are critical to understanding when a benefit will not be paid. The correct choice indicates a scenario where K's wife, having died at age 66, would not result in a death benefit being paid. In many Family Policies, there are specific terms and age limits tied to the coverage of the spouse and children. If the policy stipulates that coverage extends only to beneficiaries under a certain age, the death of K's wife at 66 would mean she was outside the age limit for benefits at the time of her death. This aligns with the typical conditions found in insurance policies that are designed to provide for dependents or cover specific ages. In contrast, the other scenarios either involve K's wife passing away at age 65—right at the age limit—or events surrounding K's own death, which would generally trigger benefits. If K dies before 65, it is likely that the policy would still be valid, and even if both K and his wife die within the coverage period, the policy may provide for death benefits to dependents. Thus, the scenario where K's wife dies at age 66 is the only one that wouldn't yield a death benefit due to her