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15. Which of the following best describes term life insurance? A. The insured is covered during his or her entire lifetime. B. The insured pays the premium until his or her death. C. The insured pays a premium for a specified number of years. D. The insured can borrow or collect the cash value of the policy
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"The insured pays a premium for a specified number of years" best describes the term life insurance.
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Asked 4/2/2011 12:38:07 PM
Updated 3/21/2015 4:05:36 PM
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"The insured pays a premium for a specified number of years" best describes the term life insurance.
Added 3/21/2015 4:05:36 PM
This answer has been confirmed as correct and helpful.
Confirmed by selymi [3/26/2015 6:11:16 AM]
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All insurance is based on a principle called A. premium earnings. C. division of risk. B. investment premiums. D. cash value coverage
Weegy: All insurance is based on a principle called division of risk. (More)
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