Tanya purchases a Modified Whole Life policy. Which premium structure should she expect?

Why this is the answer

Modified Whole Life is designed for buyers who need permanent coverage now but have limited current cash flow — such as recent graduates or new professionals expecting income to grow. The policy charges a reduced premium for an initial period (commonly 3-5 years), then steps up to a higher but permanently level premium for the remainder of the insured's life. The total premium paid over a lifetime is typically more than straight whole life because the early discount is made up later. Cash value accumulates more slowly in the early years due to lower premiums. It still offers permanent coverage with a guaranteed death benefit and cash value. See TX Outline §I.A.