Marcus Johannsson is considering purchasing either a traditional whole life insurance policy or a modified - premium whole life insurance policy. In comparing these two

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Marcus Johannsson is considering purchasing either a traditional whole life insurance policy or a modified$-$premium whole life insurance policy. In comparing these two types of policies, Mr$.$ Johannsson should keep in mind that he will be able to afford a larger face amount with the $($modified$-$premium $/$ traditional$)$ whole life insurance policy. Another factor that he should consider is that the policy's cash value will grow more quickly with the $($modified$-$premium $/$ traditional$)$ whole life insurance policy.

modified$-$premium $/$ modified$-$premium

modified$-$premium $/$ traditional

traditional $/$ modified$-$premium

traditional $/$ traditional