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Health and Life Comprehensive Exam

?

Term insurance differs from permanent insurance in that term:

Builds cash value and provides limited death benefit options only
Builds no cash value, pays a death benefit only
Provides a variety of living benefits
Costs more than permanent insurance

Correct - Your answer is correct.

Wrong - Your answer is wrong.

Detailed Answer

Correct answer: (B)
Term insurance provides death benefits only, at lower premiums, with no cash value accumulation or living benefits.

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