What kind of policy pays a specified monthly income to a beneficiary for 30 years and then a lump sum benefit?

The Family Maintenance Policy is structured to provide both a monthly income benefit and a lump sum payment, making it unique compared to other policy types. This policy typically pays a designated monthly income to the beneficiary for a specified period, such as 30 years, ensuring financial support over that time. At the end of that period, the policy pays out a lump sum benefit, reinforcing the financial security for the policyholder's family even after the monthly income payments cease.

In contrast, a Whole Life Policy is primarily intended to provide a death benefit that does not include a structured monthly income for a specific period. A Term Life Policy focuses solely on providing a death benefit for a set period without any cash value or income component. An Endowment Policy, on the other hand, pays out a benefit if the insured survives the policy term but does not offer a structured monthly income during the term like the Family Maintenance Policy does.

Therefore, the characteristic features of the Family Maintenance Policy—the combination of periodic income and a lump sum payment—make it the correct answer in this context.