An insurance policy that often is the least expensive to the insured because of the policy does not include a savings plan is called

Name: An insurance policy that often is the least expensive to the insured because of the policy does not include a savings plan is called
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Term life insurance policies typically have lower premiums than other types because they do not include a savings component or investment feature. They only provide coverage for a specific period of time, such as 10 or 20 years.

An Insurance Policy That Often Is the Least Expensive to the Insured