Question

What are the three main variables among the different types of life insurance policies?

O how long the coverage lasts, how much the premium costs, and the cash value
O length of coverage, application process, death benefit amount
O length of coverage, whether a physical is required, and cost of the premium
O the cost of the riders, funeral cost coverage, and cash value.

Answer 1

Answer: The three key differences between the various types of life insurance policies are the duration of the coverage, the cost of the premium, and the cash value.

Explanation: The three key differences between different types of life insurance policies are the length of coverage, the cost of the premium, and the cash value.

Answer 2

The three main variables among the different types of life insurance policies are how long the coverage lasts, how much the premium costs, and the cash value.