Question

Which of the following is not a type of life insurance product

Answer 1

Answer:

I think you should give more information about your question

Explanation:

write the full question

Answer 2

• Life insurance is a form of insurance that is designed to protect an individual or group from the risk of a financial loss if something untoward happens to the insured.
• There are many different types of life insurance policies, which can be grouped into different types such as term life insurance, whole life insurance, universal life insurance, and variable life insurance, depending on the coverage chosen, the terms under which the policy is sold, and the duration of the policy.
• A life insurance product is any financial product that provides financial protection for the beneficiary.
• Generally, life insurance protects the beneficiary in the event that he/she dies; whole life insurance protects the beneficiary in the event of the permanent or long-term disability of the beneficiary; and universal life insurance, life insurance with cash value and term-life insurance protect the beneficiary in the event of an economic loss, such as from a layoff or the loss of a job.

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