Gary has a life insurance policy that requires uniform payments over the term of the policy.The coverage of the policy decreases over time.This is

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The coverage of the policy decreasing over time is a characteristic of decreasing-term life insurance. This type of policy typically requires uniform payments over the term of the policy, as stated in the question. Health insurance provides coverage for medical expenses, all-risk insurance provides coverage for a wide range of potential risks, and floater insurance covers movable property that may not be covered by standard insurance policies. None of these options match the characteristics outlined in the question.

Gary Has a Life Insurance Policy That Requires Uniform Payments