When is it likely that the policyholder will not receive any financial benefit from a term insurance policy?

The situation in which a policyholder is unlikely to receive any financial benefit from a term insurance policy is when they outlive the policy term. This is because term insurance is specifically designed to provide a death benefit only if the insured person passes away during the specified term of the policy. If the policyholder survives the term, the coverage ceases, and there is no payout or benefit.

Unlike whole life or permanent policies, which can accumulate cash value or offer other benefits even if the insured lives to an advanced age, term policies strictly provide a benefit contingent upon death within the policy duration. Therefore, if a policyholder survives until the end of the term, they will not receive any financial advantage from the policy, reinforcing the notion that it is solely designed to protect against the risk of premature death during the specified period.

The other choices indicate scenarios that do not inherently prevent a financial benefit from being received under the policy, unlike the situation of outliving the term.