Which of the Following Is One of the Main Characteristics

question 19

Multiple Choice

Which of the following is one of the main characteristics of a whole-life insurance policy?

• A) It furnishes protection for a limited number of years.
• B) Nothing is paid in case of survival.
• C) It provides insurance protection over one's entire lifetime.
• D) It terminates with no maturity value.
• E) The face amount of the policy is payable only if the insured's death occurs during the stipulated term.