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What type of insurance policy covers the insured for their entire lifetime?
  • a)
    Term life insurance
  • b)
    Whole life insurance
  • c)
    Endowment policy
  • d)
    Money back policy
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
What type of insurance policy covers the insured for their entire life...
Whole life insurance is a policy that covers the insured for their entire lifetime. It provides coverage for as long as the policyholder lives, making it different from term life insurance, which covers for a specific term.
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What type of insurance policy covers the insured for their entire lifetime?a)Term life insuranceb)Whole life insurancec)Endowment policyd)Money back policyCorrect answer is option 'B'. Can you explain this answer?
Question Description
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