Which Statement Is Accurate When Comparing Term Life Insurance and Permanent

Multiple Choice

Which statement is accurate when comparing term life insurance and permanent life insurance?

A) Both include investment components in their premiums.
B) In term insurance, the buyer can direct the investment choice; while in permanent insurance, the buyer cannot do this.
C) In term insurance, premiums are fairly low for young people; while in permanent insurance, people pay more for the policy when they are younger.
D) Both charge people more when they are older, since the death risk increases with age.
E) Both simply require buyers to pay the actual cost of providing death protection as their premiums.