The ________ type of life insurance provides protection for the entire life of the insured and has a cash-surrender value.

Name: The ________ type of life insurance provides protection for the entire life of the insured and has a cash-surrender value.
Brand: Quizplus
Rating: 4.9 (39 reviews)

Question

Quizplus · Accepted Answer

Whole-life insurance provides coverage for the insured's entire life and includes a savings component, which builds cash value that the policyholder can borrow against or receive upon surrendering the policy.

The ________ Type of Life Insurance Provides Protection for the Entire