Term insurance is a basic, "no frills" form of life insurance and is the best value for most customers.

Question

Quizplus · Accepted Answer

Term insurance provides coverage for a specified period of time and typically has lower premiums than other types of life insurance. It does not have any cash value or investment component, which makes it a simpler and more affordable option for those who primarily want to protect their loved ones in case of unexpected death.

Term Insurance Is a Basic, "No Frills" Form of Life