select the correct answer. which is a feature of permanent insurance? a. it provides protection for a…

select the correct answer. which is a feature of permanent insurance? a. it provides protection for a specific period. b. it includes an investment component. c. it is relatively low cost.

select the correct answer. which is a feature of permanent insurance? a. it provides protection for a specific period. b. it includes an investment component. c. it is relatively low cost.

Answer

Brief Explanations:

Permanent insurance, unlike term - insurance, has a cash - value component which is an investment aspect. It provides lifetime coverage (not for a specific period as in term - insurance) and is generally more expensive.

Answer:

B. It includes an investment component.