Which of the following is one of the main characteristics of a whole-life insurance policy?
A) It furnishes protection for a limited number of years.
B) Nothing is paid in case of survival.
C) It provides insurance protection over one's entire lifetime.
D) It terminates with no maturity value.
E) The face amount of the policy is payable only if the insured's death occurs during the stipulated term.
Correct Answer:
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