Question

In regards to life insurance contracts, the temporary term is

A. An initial policy put in effect until a permanent policy can be put into effect.
B. The period of time during which a binding receipt covers a policyholder.
C. The policy issued by a producer with a temporary license.
D. The short-term benefits policy.

Answer 1

A because it's life insurance u gonna have to pay payments if u don't pay full ahead of time but it's life keyword life so it's permanent