Mathematics, 21.05.2020 04:06, kilofox51

What is a similarity between a term life insurance policy and a whole life insurance policy?

A. Both provide coverage for the policyholder’s medical and outpatient surgery costs.
B. Both can be held by the policyholder for a minimum of 5 years and a maximum of 25 years.
C. Both include a cash value component that the policyholder can receive at the end of the policy’s term.
D. Both provide financial compensation to the beneficiaries upon the policyholder’s death.

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What is a similarity between a term life insurance policy and a whole life insurance policy?