the cost of life insurance depends on many factors, one of which is the type of policy you purchase. which…
the cost of life insurance depends on many factors, one of which is the type of policy you purchase. which type of insurance generally has lower premiums in the beginning? choose 1 answer: a term life insurance b whole life insurance
Answer
Brief Explanations:
Term - life insurance provides coverage for a specific term and generally has lower initial premiums as it doesn't build cash - value like whole - life insurance. Whole - life insurance offers lifetime coverage and has higher upfront costs due to its investment and savings components.
Answer:
A. term life insurance