Examlex
Which of the following is the most accurate description of empowerment?
Insurer
A company or entity that provides insurance coverage to individuals, businesses, or other entities against financial loss or damage.
Term Insurance
Insurance that is issued for a particular period, usually five or ten years.
Straight Life
In the context of life insurance, a straight life policy offers a guaranteed death benefit and lifetime coverage with fixed premium payments.
Universal Life
A type of flexible permanent life insurance that offers the low-cost protection of term life insurance as well as a savings element, which is invested to provide a cash value buildup.
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