________ insurance offers protection alone,and is the least expensive kind of life insurance.

A) Straight life
B) Universal life
C) Limited-payment life
D) Term

Term Insurance

Insurance that is issued for a particular period, usually five or ten years.

Straight Life

In the context of life insurance, a straight life policy offers a guaranteed death benefit and lifetime coverage with fixed premium payments.

Universal Life

A type of flexible permanent life insurance that offers the low-cost protection of term life insurance as well as a savings element, which is invested to provide a cash value buildup.