West Virginia Insurance Exam 2025 – 400 Free Practice Questions to Pass the Exam

In a Family Policy that covers the spouse until a specific age, the coverage typically ends when the spouse reaches that age. In this case, the policy covers K's wife until she is 65 years old. If she dies at age 60, a death benefit would be paid because she is still covered under the policy. The same is true for the children; their coverage continues until they reach a certain age or until a specified event occurs.

However, if K's wife dies at age 66, the death benefit would not be paid because she has surpassed the age limit of coverage outlined in the policy. This is why the situation where she dies at this age would not result in a death benefit payout under the Family Policy, making it the correct answer to the question.

In contrast, deaths of the children at ages 15 or 18 would generally still be covered by the Family Policy as long as they fall within the range of coverage set by the insurance policy terms. Thus, the death benefit would apply in those scenarios.