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Start learning 50% faster. Sign in nowTerm Insurance is a type of insurance policy that provides coverage for a specific period of time, typically ranging from 5 to 30 years. In the event of the policyholder's death during the term of the policy, the insurer pays a death benefit to the beneficiaries named in the policy. Term insurance policies do not provide any returns or benefits on maturity, and are mainly intended to provide financial security to the policyholder's family in case of an untimely death. Hence, option A is correct.
How important is it for you to have a clear plan or goal in mind?
How do you approach new challenges?
Are you a naturally organized person?
How do you handle conflicts with others?
How important is it for you to have a routine or schedule?
How do you feel about taking risks?
Do you like a lot of order and regularity in your life?
How likely are you to take on leadership roles or responsibilities in a group or organization?
How do you handle change?
How do you typically handle criticism from others?