Which of the following insurance policies continues for a stated period of time with the premiums increasing with the age of the insured?

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Term insurance is a type of life insurance that continues for a specified term, such as 10, 20, or 30 years, and the premiums generally increase as the insured gets older. This type of policy is designed to provide temporary coverage for a specific need, such as paying off a mortgage or providing for a child's education expenses. Once the term is up, the policy typically expires, although some policies may have a renewal option. Double indemnity refers to a provision that pays out twice the face value of the policy if the insured dies as a result of a specific covered event, such as an accident. An annuity contract is a type of investment that provides a stream of regular income payments over a specified period, such as retirement. Comprehensive insurance typically refers to a type of auto or property insurance that provides coverage for a wide range of risks, including theft, vandalism, and natural disasters.

Which of the Following Insurance Policies Continues for a Stated