Which option is described as a benefit that pays a fixed amount of money either upon death of the insured or after a predetermined period?

• A. Vision Insurance
• B. Short-Term Disability Insurance
• C. Life Insurance
• D. Flexible Spending Accounts

Answer: (C)

Life insurance provides a fixed payout to beneficiaries. The defining feature is a guaranteed benefit amount that is paid out either when the insured dies or, in some policy structures, after a predetermined period if the policy matures. This predictable death or maturity benefit is specifically designed to provide financial protection for loved ones or for income replacement. Other options serve different purposes—vision insurance covers eye care expenses, short-term disability pays a portion of wages during disability, and flexible spending accounts are for tax-advantaged medical or dependent-care expenses—so they don’t fit the description of a fixed, death- or term-based payout.