Question

Select the correct answer.

What is a similarity between a term life insurance policy and a whole life insurance policy?

A.
Both provide coverage for the policyholder’s medical and outpatient surgery costs.
B.
Both can be held by the policyholder for a minimum of 5 years and a maximum of 25 years.
C.
Both include a cash value component that the policyholder can receive at the end of the policy’s term.
D.
Both provide financial compensation to the beneficiaries upon the policyholder’s death.

Answer 1

D. Both provide financial compensation to the beneficiaries upon the policyholder’s death.

Explanation: PLATO

Answer 2

D that's the correct trust me