What is the face amount of a 50000 graded death benefit life insurance policy when the policy is issued?

What is the face amount of a 50000 graded death benefit life insurance policy when the policy is issued?

At what point are death proceeds paid in a joint life insurance policy? Which statement regarding universal life insurance is correct? What is the face amount of $50,000 graded death benefit life insurance policy when the policy is issued? Under $50,000 initially, but increases over time.

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