Multiple Choice
Which of the following statements is true?
A) A term insurance policy has no savings element attached to it.
B) The maximum term of a term life insurance is 20 years.
C) The minimum term of a term life insurance is five years.
D) A term insurance policy has no savings element attached to it and the maximum term of a term life insurance is 20 years.
Correct Answer:
Verified
Correct Answer:
Verified
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