One who needs periodical sums of money in his life?
One who has a high insurance budget
One who has a low insurance budget
One who looks for high returns
✅ The correct answer is C.
Term Policy is ideally suited for One who has a low insurance budget. Term life insurance, also known as pure life insurance, is life insurance that guarantees payment of a stated death benefit during a specified term. Once the term expires, the policyholder can either renew for another term, convert to permanent coverage, or allow the policy to terminate.
Term Policy is ideally suited for One who has a low insurance budget. Term life insurance, also known as pure life insurance, is life insurance that guarantees payment of a stated death benefit during a specified term. Once the term expires, the policyholder can either renew for another term, convert to permanent coverage, or allow the policy to terminate.