A life insurance policy provides for monthly income payments if the insured dies at any time during the first ten years. The income period begins when the policy is issued and ends ten years later. What kind of policy is this?

A life insurance policy provides for monthly income payments if the insured dies at any time during the first ten years. The income period begins when the policy is issued and ends ten years later. What kind of policy is this?



A) Family maintenance.

B) Modified endowment.

C) Family income.

D) Modified whole life.



Answer: C) Family income.

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