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.