An insurance policy that often is the least expensive to the insured because of the policy does not include a savings plan is called

Name: An insurance policy that often is the least expensive to the insured because of the policy does not include a savings plan is called
Brand: Quizplus
Rating: 4.9 (54 reviews)

Question

Quizplus · Accepted Answer

Term life insurance policies typically have lower premiums because they do not include a savings component. They offer pure protection for a certain term and do not have any cash value accumulation.

An Insurance Policy That Often Is the Least Expensive to the Insured