Business, 28.07.2021 01:40 Joeyoman

J is issued a Life Insurance policy with a death benefit of $100,000. She pays $600 per year in premium for the first 5 years. The premium then increases to $900 per year in the sixth year, and remains level thereafter. The policy's death benefit also remains at $100,000. Which type of Life Insurance policy is this?

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J is issued a Life Insurance policy with a death benefit of $100,000. She pays $600 per year in prem...

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