Which of the Following Statements Is True

Multiple Choice

Which of the following statements is true?

A) Ordinary life insurance involves policies marketed on an individual basis, on which policyholders make periodic premium payments.
B) Ordinary life insurance involves policies marketed on an individual basis, on which policyholders make a lump sum payment at maturity of the policy.
C) Ordinary life insurance involves policies marketed on an individual basis, on which policyholders receive periodic premium payments.
D) Ordinary life insurance involves policies marketed on an individual basis, on which policyholders receive a lump sum payment at maturity of the policy.