Question 7 of 10

Both term life and whole life insurance policies:

A. Cover the policyholder's long-term health and disability expenses.

B. Pay money to beneficiaries upon the policyholder's death.

C. Earn interest on the amount of the policy.

O D. Have a maximum term of 40 years.

SUBMIT

Question

TylerBerk1275 TylerBerk1275

18-03-2022
Business

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Question 7 of 10

Both term life and whole life insurance policies:

A. Cover the policyholder's long-term health and disability expenses.

B. Pay money to beneficiaries upon the policyholder's death.

C. Earn interest on the amount of the policy.

O D. Have a maximum term of 40 years.

SUBMIT

Respuesta :

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Tundexi Tundexi · Answer 1 · 2022-03-31T12:09:28+02:00

The insurance policies of term life and whole life insurance policies only pay money to beneficiaries upon the policyholder's death.

What is a term life and whole life insurance policies?

A term life assurance is a life policy for a limited period while the whole life assurance is a life policy for life.

The correct statement is that insurance policies of term life and whole life insurance policies only pay money to beneficiaries upon the policyholder's death.

Therefore, the Option B is correct.

Question 7 of 10 Both term life and whole life insurance policies: A. Cover the policyholder's long-term health and disability expenses. B. Pay money to beneficiaries upon the policyholder's death. C. Earn interest on the amount of the policy. O D. Have a maximum term of 40 years. SUBMIT

Respuesta :

What is a term life and whole life insurance policies?

Otras preguntas

Question 7 of 10

Both term life and whole life insurance policies:

A. Cover the policyholder's long-term health and disability expenses.

B. Pay money to beneficiaries upon the policyholder's death.

C. Earn interest on the amount of the policy.

O D. Have a maximum term of 40 years.

SUBMIT