In a 20 Life Policy, what is the duration of protection?

In a 20 Life Policy, the mechanism of coverage is designed to provide lifelong protection while limiting the premium payment period. The correct choice states that the protection lasts until age 100, meaning that the policyholder is ensured coverage without expiration as long as they live, reflecting the fundamental nature of whole life insurance.

The payment of premiums for 20 years allows policyholders to invest in the policy for a finite duration, after which they no longer need to make premium payments. This structure makes the policy attractive for individuals who want to secure their beneficiaries' financial future without the lifelong burden of premium payments. After 20 years, the policy remains in force, and the policyholder benefits from a paid-up policy, meaning they have fully funded the insurance that will provide a death benefit regardless of when they pass away, as long as it is before age 100.

Other choices indicated protection for more limited periods or continuous premium payments either during the insured's lifetime or solely for the initial 20-year term, which are not consistent with the characteristics of a 20 Life Policy.