This is because term life provides only death benefit protection, with no cash value build up or investment component. (goodfinancialcents.com)
One reason for this is because, unlike permanent life insurance policies, term life offers only death benefit protection, without any cash value build up. (termlife360.com)
The difference between a permanent policy and a term policy is that a permanent policy provides not only death benefits but a cash value accumulation feature. (abramsinc.com)