228k views
24 votes
Life insurance policy set for a specific period of time is referred to as:

User Lars P
by
6.2k points

1 Answer

8 votes

Answer:

A term

Step-by-step explanation:

Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term.

User Isabelle Wedin
by
6.4k points