Which of the following best describes term life insurance?

AThe insured can borrow or collect the cash value of the policy.
BThe insured pays a premium for a specified number of years.
CThe insured pays the premium until his or her death.
DThe insured is covered during his or her entire lifetime

Verified Answer :

Hagrid

The right answer for the question that is being asked and shown above is that: "b. The insured pays a premium for a specified number of years." the statement that best describes term life insurance is that b. The insured pays a premium for a specified number of years.

BThe insured pays a premium for a specified number of years.