Gil owns a life insurance policy that he purchased when he first graduated college. It has a $100,000 death benefit and Gil pays premiums for it every month out of his checking account. The insurance Gil

Gil owns a life insurance policy that he purchased when he first graduated college. It has a $100,000 death benefit and Gil pays premiums for it every month out of his checking account. The insurance Gil has is most likely _____.

A.group life insurance
B.permanent life insurance
C.individual life insurance
D.term life insurance

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