What is a similarity between a term life insurance policy and a whole life insurance policy?
A<...
Mathematics, 28.05.2020 01:00 DesperatforanA
What is a similarity between a term life insurance policy and a whole life insurance policy?
A
Both provide coverage for the policyholder's medical and outpatient surgery costs.
B.
Both can be held by the policyholder for a minimum of 5 years and a maximum of 25 years.
C.
Both include a cash value component that the policyholder can receive at the end of the policy's term.
D.
Both provide financial compensation to the beneficiaries upon the policyholder's death.
Answers: 2
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