Which of the following provides a death benefit to an insured policyholder's beneficiary only if the insured dies within the specified period of time?

Question

Quizplus · Accepted Answer

Term life insurance is designed to offer financial protection to the beneficiary of the insured for a specific period of time. If the insured dies within this period, the beneficiary receives the death benefit. Unlike whole, universal, or variable life insurance, term life does not accumulate cash value and only provides coverage for a designated term.

Which of the Following Provides a Death Benefit to an Insured