WHICH OF THE FOLLOWING BEST DESCRIBES TERM LIFE INSURANCE ?

By Oscarjack 1 Min Read

WHICH OF THE FOLLOWING BEST DESCRIBES TERM LIFE INSURANCE?

  1. The insured is covered during his or her entire lifetime.
  2. The insured pays the premium until his or her death.
  3. The insured pays a premium for a specified number of years.
  4. The insured collects interest on the value of the policy.

The correct answer is: “The insured pays a premium for a specified number of years”. 

Other Important Questions & Interested Topics: 

See also  3 Natural Ways to Kill Termite
Share This Article
Follow:
Contact Us: zainliaquat10@gmail.com WhatsApp Number: +923024670115
Leave a comment