Term policies are issued for a given period, such as 10, 20, or 30 years. If you die during the term, your designated beneficiaries will receive the death benefit. If you don't die during the term, the policy will expire when the term ends, and no benefits will be paid.

• A. The death benefit will be paid
• B. The policy will renew automatically
• C. The cash value is paid
• D. No benefits will be paid

Answer: (D)

Term life provides temporary protection for a specific period and pays a death benefit only if the insured dies during that term. If the insured survives to the end of the term, there is no payout because the policy has no cash value and coverage ends. That’s why the statement that no benefits will be paid if you don’t die during the term aligns with how term policies work. The other options don’t fit the described scenario: a death benefit is only paid if death occurs within the term, term policies don’t accumulate cash value, and automatic renewal isn’t assumed unless the policy explicitly offers it.