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2 July, 18:26

Which of the following best describes term life insurance?

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

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

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

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

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Answers (2)
  1. 2 July, 18:45
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    B. The insured pays a premium for a specified number of years.
  2. 2 July, 18:53
    0
    The right answer for the question that is being asked and shown above is that: "b. The insured pays a premium for a specified number of years." the statement that best describes term life insurance is that b. The insured pays a premium for a specified number of years.
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Home » Business » Which of the following best describes term life insurance? a. The insured can borrow or collect the cash value of the policy. b. The insured pays a premium for a specified number of years. c. The insured pays the premium until his or her death. d.
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