Which of the following best describes term life insurance?

a. The insured is covered during his or her entire lifetime.

b. The insured pays the premium until his or her death.

c. The insured can borrow or collect the cash value of the policy.

d. The insured pays a premium for a specified number of years

Question

Carissa Coleman

Business

27 October, 16:49

Which of the following best describes term life insurance?

a. The insured is covered during his or her entire lifetime.

b. The insured pays the premium until his or her death.

c. The insured can borrow or collect the cash value of the policy.

d. The insured pays a premium for a specified number of years

+1

Answers (1)

Know the Answer?

Deanna · Answer 1

To answer the question above as to which describes term life insurance ... The answer is letter D, The insured pays a premium for a specified number of years. The term life insurance may range to one - thirty years depends on the specific amount of coverage you want and the length of time you need it the most.