The time frame for which an insurance policy provides coverage is known as ________.

Question

Question: The time frame for which an insurance policy provides coverage is known as ________.

Options:

1.  Policy term
2.  Policy loan
3.  Policy mode
4.  None

Answer 1

1. Policy term

The time frame for which an insurance policy provides coverage is known as Policy term.

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More information:

Policy term refers to the life time of an insurance policy or time frame for which insurance policy will provide coverage.