What statement most accurately compares term and permanent life insurances?

a. Term life insurance last only for a finite amount of time and is more expensive than permanent life insurance.
b. Term life insurance last only for a finite amount of time and is less expensive than permanent life insurance.
c. Permanent life insurance lasts for a finite period of time and is more expensive than term life insurance
d. Permanent life insurance lasts for a finite period of time and is less expensive than term life insurance.

1 answer

b. Term life insurance last only for a finite amount of time and is less expensive than permanent life insurance.
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