The least expensive and simplest form of life insurance is:

Question

Quizplus · Accepted Answer

Term life insurance is the least expensive and simplest form of life insurance as it provides coverage for a specific period of time (such as 10, 20 or 30 years). It does not have any savings or investment components, making it a straightforward option for those looking for basic life insurance coverage. Whole, partial, and universal life insurance are more complex and expensive options.

The Least Expensive and Simplest Form of Life Insurance Is