Final answer:
Straight Life insurance is the policy classified as a traditional level premium contract in the context of life insurance policies.
Step-by-step explanation:
In the context of life insurance policies, a traditional level premium contract refers to a policy where the premium payments remain fixed throughout the life of the policy. Among the options given, the policy that would be classified as a traditional level premium contract is Straight Life insurance. Straight Life insurance is a type of whole life insurance policy with level premiums that provide coverage until the policyholder's death.
Learn more about Traditional level premium contract in life insurance policies