Which of the following is considered a type of life insurance?

Term insurance is a specific type of life insurance that provides coverage for a predetermined period, or term, such as 10, 20, or 30 years. If the insured individual passes away during this term, the policy pays a death benefit to the beneficiaries. This type of insurance is designed to provide financial protection for a limited time, making it a popular choice for those looking to cover specific financial obligations, such as a mortgage or education costs, while the insured is within their working years.

In contrast, homeowners insurance, liability insurance, and automobile insurance all fall under property and casualty insurance categories. They protect against different types of risks associated with property damage, legal liabilities, and vehicle-related accidents, but they do not provide coverage in the event of death. Therefore, term insurance stands out as the sole option among the given choices that serves the primary function of life insurance, which is to provide a death benefit.