Since cash value insurance is more valuable,it provides death protection at less cost than term insurance.

Name: Since cash value insurance is more valuable,it provides death protection at less cost than term insurance.
Brand: Quizplus
Rating: 4.9 (54 reviews)

Question

Quizplus · Accepted Answer

This statement is false. Cash value insurance typically costs more than term insurance, since it includes a savings component in addition to the death benefit. Although it does build cash value over time, the cost of premiums can be significantly higher than those of term insurance.

Since Cash Value Insurance Is More Valuable,it Provides Death Protection