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Attempts 0.6 Average 0.511 4. Choosing the policy that meets your needs Each type of Wesrance has its own benefits and drawbacks and polcyholder preferences and drumstances mat certain features more important to some individuals than to others. The following table shows statements about life insurance policies Indicate which policies address the concern or desired by each statement. Check all that apply Term life insurance Whole life insurance Universal life insurance I wanita large amount of coverage but can only pay a small amount in the near future I want to use my life insurance as a servings vehide as well If1 decide to cancel my policy while I'm still alive, I want access to the cash value. I want flexibility in the amount 1 pay in premiums in each month, OD Grade It Nova Save & Continue