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12. Which of the following best describes term life insurance? A. The insured is covered during his or her entire lifetime. 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 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 4/25/2013 9:03:20 AM
Updated 4/21/2015 3:37:05 AM
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"The insured pays a premium for a specified number of years" best describes the term life insurance.
Added 4/21/2015 3:37:05 AM
This answer has been confirmed as correct and helpful.
Confirmed by selymi [4/21/2015 5:48:05 AM]
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