What do Term Life Insurance and Permanent Life Insurance policies have in common? Each provides a...

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What do Term Life Insurance and Permanent Life Insurance policies have in common? Each provides a cash payout on the death of the insured if and when it happens. Both require the insured person to pay premiums at regular intervals over the policy Both allow you to pick a term and allows the policyholder to be covered for that set amount of time only. Both A and B. What do Term Life Insurance and Permanent Life Insurance policies have in common? Each provides a cash payout on the death of the insured if and when it happens. Both require the insured person to pay premiums at regular intervals over the policy Both allow you to pick a term and allows the policyholder to be covered for that set amount of time only. Both A and B.

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The detailed answer for the above question is provided below The correct answer is Both A and B Expl... View the full answer