Question

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

Answer 1

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.

Answer 2

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