Frank owns a graded premium whole life insurance policy that includes a spousal rider. Which of the following is the most likely type of insurance underlying the spousal rider?

Frank owns a graded premium whole life insurance policy that includes a spousal rider. Which of the following is the most likely type of insurance underlying the spousal rider?


A) Annually renewable term.

B) Graded premium whole life.

C) Level premium term.

D) Straight level-premium whole life.



Answer: C) Level premium term.

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