What type of insurance is provided over a specified time period and does not build cash value?

Name: What type of insurance is provided over a specified time period and does not build cash value?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Term insurance provides coverage for a specific time period, typically between one and thirty years. It does not accumulate cash value like whole life, universal life, or variable life insurance, making it a more affordable option for those seeking protection for a limited amount of time.

What Type of Insurance Is Provided Over a Specified Time