ARIZONA LIFE INSURANCE CERTIFICATION PRACTICE EXAM Q & A 2026 Complete And Verified Study material) (107pages) LEARNEXAMS

1. What is the difference between term life insurance and whole life

insurance?

A) Term life insurance provides coverage for a specified period of time, while

whole life insurance provides coverage for the entire life of the insured.

B) Term life insurance provides coverage for the entire life of the insured,

while whole life insurance provides coverage for a specified period of time.

C) Term life insurance provides a fixed amount of death benefit, while whole

life insurance provides a variable amount of death benefit depending on the

cash value.

D) Term life insurance provides a variable amount of death benefit