Answer:
The policy would be Whole Life Insurance
Explanation:
Whole Life insurance is a type of permanent life insurance policy that covers the person permanently as long as a premium is paid and on time.
Because whole life insurance gives you fixed premiums and a fixed death benefit, you won't have to worry about increased premiums as you get older. Moreover, your loved ones will also know how much to expect when your life insurance benefit is paid out after you pass away.
