goopylerro goopylerro

15-06-2024
Business

Answered

Which of these is NOT an advantage of term life insurance?

A. The greatest amount of coverage can be provided for the initial premium paid.
B. It can be provided as a rider to another policy.
C. A cash benefit will be provided if the insured is alive at the end of the policy period.
D. Temporary insurance needs can be met.

Answer :

GinnyAnswer GinnyAnswer

15-06-2024

Final answer:

Term life insurance does not provide a cash benefit if the insured is alive at the end of the policy period.

Explanation:

Term life insurance has several advantages, but one key disadvantage is that a cash benefit will not be provided if the insured is alive at the end of the policy period. Unlike whole life insurance, term life insurance does not accumulate cash value, making it a more affordable option that solely provides coverage against the event of the insured's death.

Learn more about Term life insurance here:

https://brainly.com/question/43503484

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