________ provides protection to employees' beneficiaries only during a limited period.

Question

Quizplus · Accepted Answer

A)Term life insurance provides protection to employees' beneficiaries only during a limited period based on a specified number of years subject to a maximum age.After that,the insurance automatically expires.Whole life insurance pays an amount to the designated beneficiaries of the deceased employee,but unlike term life policies,whole life plans do not terminate until payment is made to the beneficiaries.

________ Provides Protection to Employees' Beneficiaries Only During a Limited