_______ is a life insurance policy that will provide a death benefit only and has no savings plan.

Question

Quizplus · Accepted Answer

Term life insurance policies provide a death benefit for a specific period of time, such as 10, 20, or 30 years, with no savings or investment component. It is generally the most affordable type of life insurance and is suitable for those who only need coverage for a certain period of time, such as to pay off a mortgage or to ensure that their children can complete their education in case of their death.

_______ Is a Life Insurance Policy That Will Provide a Death