Darcy buys a life insurance policy on her own life, under which she pays the annual premiums. The in-surance is issued for a specific period, but is renewable for similar periods. Darcy is covered only as long as she makes the payments. There is nocash value portion to the policy. Darcy probably owns:
A. whole life insurance.
B. key-person life insurance.
C. term life insurance.
D. an annuity.
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