Question

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

Answer 1

Individual life insurance

Step-by-step explanation:

An individual life insurance is life insurance paid by one person for one person. Since Gil is the only one paying for it and the only one covered, Gil has individual life insurance.