If the objective of your life insurance program is to get the greatest death protection now for your insurance dollars,you should choose a(n)_____ insurance policy.
A) term
B) universal
C) limited pay
D) industrial
E) whole life

Question

Quizplus · Accepted Answer

Term insurance provides the most death protection coverage for the least amount of premium dollars. It is designed to protect your beneficiaries in case you die during a specified period of time, which can range from one to thirty years. Term insurance does not have any cash value, but it is the most affordable form of life insurance and provides pure death protection.

If the Objective of Your Life Insurance Program Is to Get