What is graduated life insurance?

Answer 1

You might mean one that pays limited benefits the first few years and increases year by year to pay the full amount. This is often done, when there are no other options due to poor health history.

Answer 2

Graduated life insurance is a type of policy where the death benefit increases over time while premium payments remain level. This type of insurance is designed to provide more coverage as the policyholder ages, since the need for insurance may increase with time. It can be a good option for those who expect their financial responsibilities to grow as they get older.