Which statement correctly identifies a characteristic of a term life insurance policy?

A$)$

Term policies have a tax$-$deferred cash value buildup.

B$)$

Term policies have decreasing premiums at older ages.

C$)$

Term policies may offer optional riders that provide flexibility.

D$)$

Term policies have a taxable cash value.Which statement correctly identifies a characteristic of a term life insurance policy?

A$)$

Term policies have a tax$-$deferred cash value buildup.

B$)$

Term policies have decreasing premiums at older ages.

C$)$

Term policies may offer optional riders that provide flexibility.

D$)$

Term policies have a taxable cash value.