Which of the following best describes term life insurance?
AThe insured is covered during his or her entire lifetime.
BThe insured pays the premium until his or her death.
CThe insured can borrow or collect the cash value of the policy.
DThe insured pays a premium for a specified number of years
AThe insured is covered during his or her entire lifetime.
BThe insured pays the premium until his or her death.
CThe insured can borrow or collect the cash value of the policy.
DThe insured pays a premium for a specified number of years