Dave purchased a life insurance policy.The policy is nonparticipating and the cash values are based on the insurer's present mortality,investment,and expense experience.After 2 years,the insurer will recalculate the premium based on the mortality,investment,and expense experience at that time.Dave purchased

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Current assumption whole life insurance policies have premiums that can be adjusted based on the insurer's current experience with mortality rates, investment earnings, and expenses, which matches the description given.

Dave Purchased a Life Insurance Policy