Have you ever struggled to answer the question “which of the following best describes term life insurance” in relation to the concept of Insurance? There’s no need to worry about it anymore. This post contains the correct answer to your 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