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which of the following best describes term life insurance
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Business
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Author:
yairnovak992 - 1 month ago
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Answers: 2
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Answers
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Term life insurance is a type of life insurance that provides coverage for a set period of time and pays out a death benefit to the beneficiary if the insured person dies during the term.
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Answered:
Carlo Montes
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Term life insurance is a type of life insurance policy that provides death benefit coverage for a specified period of time (the "term"), such as 10, 20, or 30 years. The policy pays out a benefit to the beneficiary if the insured passes away within the term period. If the insured survives the term, then no benefit is paid out.
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Answered:
Emerson Wolf
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