True or False: Firefighters are entitled to a maximum term life insurance of 1.5 times their base pay up to $300,000.

The statement is accurate because firefighters typically have a life insurance policy that provides coverage of up to 1.5 times their base pay, with a maximum coverage amount capped at $300,000. This benefit is designed to provide financial support to the firefighter's beneficiaries in the event of an unfortunate incident leading to death while in service. Such policies are common in many fire departments as part of their benefits package, ensuring that the families of firefighters have a safety net.

The structure of this life insurance coverage aligns with industry practices aimed at supporting those who take on the risks associated with firefighting. It's essential for firefighters to be aware of the specifics of their benefits, as it underscores the importance of financial planning for their families in case of any emergencies.

The other choices imply limitations or exceptions that are not standard practice, making the statement true as it reflects a comprehensive understanding of the life insurance benefits typically available to firefighters.