Phil has a life insurance policy that provides a death benefit based on his age, health, and life expectancy. His policy is the simplest form of insurance and is called ________ life insurance.
A) term
B) mortality
C) whole
D) permanent
E) variable

Question

Quizplus · Accepted Answer

Based on this scenario, Phil has a term life insurance policy. This policy provides a death benefit based on his age, health, and life expectancy.

Phil Has a Life Insurance Policy That Provides a Death