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In: Finance

Term life insurance is often available in group policies through employers. less expensive when you renew...

Term life insurance is

often available in group policies through employers.

less expensive when you renew it.

pure insurance with no savings feature.

Both often available in group policies through employers and pure insurance with no savings feature are correct

Solutions

Expert Solution

Answer: pure insurance with no savings feature.

Term life is pure insurance since it has no cash value (or "savings element") associated with it.

jeff jeffy answered 2 years ago
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