Answered

Welcome to Westonci.ca, where curiosity meets expertise. Ask any question and receive fast, accurate answers from our knowledgeable community. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

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.

Sagot :

GinnyAnswer

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


We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.