What is a similarity between a term life insurance policy and a whole life insurance policy? A
Both provide coverage for the policyholder's medical and outpatient surgery costs.
B.
Both can be held by the policyholder for a minimum of 5 years and a maximum of 25 years.

C.
Both include a cash value component that the policyholder can receive at the end of the policy's term.

D.
Both provide financial compensation to the beneficiaries upon the policyholder's death.