Term insurance has which of the following characteristics? Archives - Management Notes

Term insurance has which of the following characteristics?

October 8, 2023September 26, 2022 by Smirti Bam

Term insurance has which of the following characteristics?

Term insurance has which of the following characteristics?

Options:

Expires at the end of the policy period
Builds cash value
Has nonforfeiture options
Endows at the end of the policy period

The Correct Answer Is:

a. Expires at the end of the policy period