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17. Which of the following best describes term life insurance? A. The insured pays a premium for a specified number of years. B. The insured is covered during his or her entire lifetime. C. The insured can borrow or collect the cash value of the policy. D. The insured pays the premium until his or her death.
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Asked 4/14/2012 5:08:00 PM
Updated 4/14/2012 5:48:14 PM
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User: 17. Which of the following best describes term life insurance? A. The insured pays a premium for a specified number of years. B. The insured is covered during his or her entire lifetime. C. The insured can borrow or collect the cash value of the policy. D. The insured pays the premium until his or her death.

Question
Asked 4/14/2012 5:08:00 PM
Updated 4/14/2012 5:48:14 PM
1 Answer/Comment
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The choice that best describes term life insurance is: A. The insured pays a premium for a specified number of years.
It should be noted that coverage is also for a specified number of years.
Added 4/14/2012 5:48:14 PM
This answer has been confirmed as correct and helpful.
Confirmed by andrewpallarca [7/22/2014 9:43:50 AM]
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