________ life insurance offers pure insurance protection for a given period of time.

Question

Quizplus · Accepted Answer

Term life insurance provides coverage for a specific period, typically ranging from one to thirty years. It is the simplest and most affordable type of life insurance, as it provides pure death benefit protection without any investment component or cash value accumulation. This makes it an ideal option for those who want to ensure financial security for their loved ones in the event of their untimely death. It is also a popular choice for individuals with temporary or short-term insurance needs, such as young parents, mortgage holders, or business owners.

________ Life Insurance Offers Pure Insurance Protection for a Given