2 years ago

What's the key difference between term life insurance and straight-life insurance?

History

1 answer:

Scrat [10]2 years ago

3 0

Answer: Term life insurance is cheaper than straight-life insurance, but it cannot be

renewed.

The value of a term life insurance policy may go up or down, but the value of a

straight-life insurance policy is always constant.

Term life insurance is generally more expensive than straight-life insurance, but

it generally offers much more.

Term life insurance has no cash value at the end of the term it's bought for.

Explanation:

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