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what are the coverage characteristics of life insurace
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Asked 1/23/2012 10:37:20 AM
Updated 282 days ago|2/28/2023 1:03:46 AM
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Flagged by Jerrald@22 [2/28/2023 1:03:46 AM]
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User: what are the coverage characteristics of life insurace

Weegy: As long as you pay the premiums and the coverage is in force, it pays to your beneficiaries the face amount or death benefit. The death benefit is not taxed. [ Many life insurance policies also have a accelerated death benefit feature included, which can be requested while you are still living and gives a percentage of the death benefit upon diagnosis of a terminal illness. A straight life insurance policy covers death due to accident or illness. However, there are also accident only life insurance policies that are much cheaper to purchase. ]
Expert answered|mythmoh|Points 3786|

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Question
Asked 1/23/2012 10:37:20 AM
Updated 282 days ago|2/28/2023 1:03:46 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by Jerrald@22 [2/28/2023 1:03:46 AM]
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You have to pay the life insurance premium for the term that you decide - are the coverage characteristics of life insurace.
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Added 282 days ago|2/28/2023 1:03:45 AM
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