In comparing term insurance with mortgage life insurance,which of the following is true?

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With term insurance, the owner has more control over the policy, such as choosing the amount of coverage and the length of the term. Mortgage life insurance is tied to the mortgage and the coverage decreases as the mortgage is paid off, and the premiums remain level, so the owner has less control over the policy. Option A is incorrect since premiums for both term insurance and mortgage life insurance remain level during the term of the policy. Option B is incorrect since mortgage life insurance is typically more expensive than term insurance due to the declining coverage and the lack of flexibility. Option D is also incorrect since mortgage life insurance is not renewable or convertible to permanent insurance.

In Comparing Term Insurance with Mortgage Life Insurance,which of the Following