Business Studies, asked by parkashmal68481, 11 months ago

If the sum assured remains the same what will be impact

Answers

Answered by kinghappy

Answer:

Term life insurance is designed to provide financial compensation to your beneficiaries in the event of your death during a specified period of time. ... Once your policy matures, or reaches the end of its term, it ceases to exist. Your term life insurance policy expires and your coverage stops.

Explanation:

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