Question: Phil needs $ 5 0 0 , 0 0 0 in life insurance coverage for the neat 2 0 years. While he is currently healthy,

Phil needs $500,000 in life insurance coverage for the neat 20 years. While he is currently healthy, he is already in his following, which is the most affordable life insurance option for him over the next 20 years?
Whole life insurance.
Level term insurance.
Variable life insurance.
Universal life insurance.
Phil needs $ 5 0 0 , 0 0 0 in life insurance

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