Kim Hunt purchased a five-year term life insurance policy on her own life. If she were to die during the five-year policy term, the policy benefit would provide for her daughter's college expenses. Because college expenses are likely to rise each year, Ms. Hunt purchased a type of policy with a benefit amount that goes up each year. In this situation, Ms. Hunt most likely purchased a type of term life insurance known as variable life (VL) insurance credit life insurance increasing term life insu